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Wholesaling
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Updated almost 10 years ago on . Most recent reply

User Stats

20
Posts
1
Votes
Mike Thompson
  • Professional
  • Simi Valley, CA
1
Votes |
20
Posts

BRE is telling me that Wholesaling is Illegal in California, is it true. Help?

Mike Thompson
  • Professional
  • Simi Valley, CA
Posted

Just contacted the BRE of real estate here in california and they told me that Wholesaling is illegal because it is considered brokering without a license since i  had no intent of purchasing the property and am assigning a contract over to a new investor . Can anyone help me out? I thought it was legal 

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