Has anybody heard of a "Pocket LLC"? From what I understand it's like a blank LLC waiting for an un-assignable contract to come along that you pull out of your pocket so-to-speak to attach the LLC to that property. So, your assigning or more like selling your LLC to your buyer.
Anybody heard of this or understand enough to elaborate? I'm clueless how you would do this "blank" type of LLC. But I've heard having 1 or 2 handy can come in pretty handy when trying to get an un-assignable contract moving again.
Owen Properties, LLC