Direct Mail in Illinois - Can I Still Send?

[Matt McConkey]

I was back in Illinois a couple weeks ago and built up a driving for dollars list. My intent is to send these people a letter and BUY the property myself and flip or do the BRRRR method.

With the new law about wholesaling, can I still send direct mail?

I am out of state and not licensed as a Realtor in any state.

[Zoran Stanoev]

Originally posted by @Justin Ellis:

@Zoran Stanoev @Greg Dickerson

So does this mean you can no longer assign contracts in IL however you're free to do a back to back or "ABC Close"? As long as the property is legally yours before you resell it?

I'm not in IL but I've been seeing reference to this new law and it's interesting

 The law limits a non-licensed broker to 1 wholesale deal every 12 months. While I think a double-close may avoid the new requirements, ultimately, I think they’ll figure it out and it will no longer be a work around to the new law.