Legalities of mortgage note investing

[Joshua Kim reid]

Hey everyone. I was wanting to know the legalities of bird-dogging mortgage notes from private investors in the state of NC. When I do the google researches, all I see is "Illegal activity" related content. I'm not sure if I'm not being clear enough for google to answer my questions correctly, or if it is illegal with no license. Any and all feedback is appreciated!

[Jay Hinrichs]

Quote from @Rick Pozos:

If I see someone selling forks for $1 each and I know that I can sell them for $2 each what is wrong with getting 1000 of them under contract and selling the contract or just selling them the forks?? Lets make some $$$. Its the American Way.

You can wholesale anything. EVERYTHING at the grocery store has been bought and sold at least 2 or 3 times. Cars are basically wholesaled to the dealers who sell them at retail price. Clothes are wholesaled through Walmart or Ross or any department store. Just be prepared to close on the deal.

If you contract, dont get a bad name for yourself by backing out on deals.

 Rick just fyi broker notes is not legal in all states.. most yes but some no.. so we cant make blanket statements for the entire country just say in.