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Wholesaling
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Updated almost 8 years ago on . Most recent reply

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Heidi Green
  • Investor
  • Euclid, OH
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Save my self the heartache, and get a real estate license! No w

Heidi Green
  • Investor
  • Euclid, OH
Posted

Hello! I just joined this group today, and hoping to find some input on a nagging question I have. Is it really possible to do wholesaling of houses without money out of your pocket,  or doing and rehabe work?

Like, just getting a finder's fee for finding a seller and buyer? 

Preparing to get real estate license,  too dangerous in Ohio to do wholesaling! 

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David Dachtera
  • Rental Property Investor
  • Rockford, IL
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David Dachtera
  • Rental Property Investor
  • Rockford, IL
Replied

@Heidi Green,

If you do back-to-back closings, that should keep the Ohio dogs at bay. Since you'll actually be closing on the acquisition of the property, you won't be "selling" someone else's property by doing a contract assignment.

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