Wholesaling In Illinois

[Philip Feinstein]

Hey All,

I’m a new investor looking to build up capital by wholesaling. I currently live in Illinois, Illinoisans that are not agents/brokers are only able to wholesale one property per year. Thought about wholesaling neighboring states but was curious if there’s a loophole.

[Jonathan Klemm]

@Philip Feinstein - My first reaction is to suggest finding a partner.  I actually remember my current partner who is a much younger guy than I and had almost an identical post to you.

He went out made a list and started cold calling using batch dialer and private messaged me about a deal he was close to getting under contract.  We walked through all the steps together closed, flipped it, and now that same property is sold.

Happy to help walk you through our process or with whatever else you might need.