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Updated about 7 years ago on . Most recent reply

Do I need a business license in San Diego for wholesaling?
I know you need a Real Estate License to sell a house but I will not be acting as an agent. I will only be assigning contracts to investors.
San Diego wholesalers my question again: Do I need a business license to assign a contract to a buyer? If so what is the process? Do I need to register a FBN and then a Business license and under what description my business will be? I will appreciate you guys honest responses thank you.
Most Popular Reply

As long as the properties you buy and sell are your own, you do not need a license.
It's only when you're working on behalf of another buyer or seller (which would classify you as their "agent") that you need a license.
Most investors don't have a license because everything we buy and sell is for ourselves.