Updated almost 6 years ago on . Most recent reply
How do you start wholesaling in Illinois with the new laws?
Looking for knowledgeable investors working the Illinois market to learn wholesale strategies with the new laws in place.
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Get your license, that is a very good start for a number of reasons. The other way to wholesale legally in any state is simply to make sure you have the money (doesn’t have to be yours) to close on the deal, then once you own it, market it for resale. Another way around is to go work direct for a rehabber as an acquisitions person, get their criteria, go hunt for the product and when it is found, turn it over to them. So long as you work for the actual buyer, you are not brokering without a license.