Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

37
Posts
4
Votes
Mark Wainscott
  • South Bend, IN
4
Votes |
37
Posts

Indiana whole sale question/re license

Mark Wainscott
  • South Bend, IN
Posted
I used to hold my Re license but never renewed it after I put it on hold. I noticed a post about wholesaling being illegal in Ohio. What are the laws or how is it looked at here in Indiana. Say if I contract to buy a house then turn around and have another buyer lined up. Like a double close? Any insight will be appreciated.

Most Popular Reply

Account Closed
  • Rental Property Investor
  • IN
93
Votes |
125
Posts
Account Closed
  • Rental Property Investor
  • IN
Replied

Whenever I put a contract on a house that I might want to assign to someone else, I just put my company name and/or assigns. It has never been a problem to then make an assignment contract with the end buyer. If I can't do that for some reason, such as HUD, then I just sell it to them after I have closed on it.

Loading replies...