is wholesaling illegal/ wife worried
Ok everyone, my wife is bugging me and I know I can get a quick reply here. Im closing on my first wholesale prop right now looking at around a 30k profit after selling the contract. My wife read something online that the act of wholesaling is pretending to buy someones home and then advertise the house as if u are the owner selling it when you aren't really the owner or going to buy it. She said that certain states do not allow wholesaling because you are essentially selling the house with no license and it is technically a crime.
The post my wife read was BP's post by Brian Turner called Is Real Estate Wholesaling Illegal.