Looking for some wholesale help in Oregon
Hey guys, my name is Rob Wentland and I'm a beginning real estate investor in the willamette valley here in Oregon. I am just about to close on my first rental here in January. Once I close I will be out of capital for a bit until I can get enough saved for another down payment. In the meantime I decided I would start trying to wholesale some deals to get my capital back up. I have learned a lot about the process from listening to BP podcast and other sources, but I still don't know about Oregon's specific laws surrounding wholesaling. So far none of the title companies I've contacted have been any help. None of them even seem to know what wholesaling is. I would greatly appreciate If anyone could share some wisdom about wholesaling in Oregon.
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Contact the department of real estate in OR and get your info from the horses mouth. Most states require you to be licensed to perform a wholesale deal in which you negotiate a contract, market that property and contract and then assign it for a fee. There are other ways to legally wholesale without a license as well.