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Updated over 9 years ago on . Most recent reply

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Raphael Bumbury
  • orlando, fl
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Do you need a real estate license being a middle man

Raphael Bumbury
  • orlando, fl
Posted

I've done a little research and I was told that With bad credit and no money I can make money finding buyers for distressed propertys and get paid as the middle man of the deal, but would i need my license  for that.

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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

This is a legal question, but unless NY is weird in a way I'm not familiar with, you should be able to do this by wholesaling; namely, getting a property under contract and then assigning that contract to the end buyer. There's a lot of stuff on these forums and the blog about it, so just search "wholesaling" and you'll find everything you need. 

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