Updated over 7 years ago on . Most recent reply
Questions about Wholesaling
Just trying to learn more about the basic fundamentals of whosaleing. Do you have to have a Liscense in order to get into whosaling ?
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@Najee Hoggard You do not need a license to wholesale properties.
To wholesale, you purchase a property and close on it. You go on title. You then resell it.
It is the same as any for-sale-by-owner and perfectly legal.
What is not legal in every state is assignment - getting a property under contract and selling the contract.
But wholesaling is legal everywhere.