Wholesaling for Newbie
Hello Bigger Pockets Universe,
My question is regarding the legality of wholesaling. I would like to start wholesaling to raise capital to fund my own fix and flips, and even finance buy and hold deals, however, in Illinois, the laws recently changed where wholesalers and flipper would be required to get a real estate license. Im not opposed to the idea of getting my license. What I would like to know is, are wholesalers held to the laws of the state of the buyer, or the state that the property is located in? I am thinking about going into other wholesaler friendly markets and wholesaling virtually.
Feel free to chime in with thoughts and advice.