Wholesaling in Illinois in 2020?

[Jelani Tate]

As a new real estate investor, I am trying to find my niche. My end game is SFH / MFH income properties, but I was thinking about ways to build up to those options.

I was considering wholesaling, but I have been reading that it’s all but illegal, without being a licensed real estate agent, in Illinois in 2020. You can do only one (1) wholesale deal per year, which seems challenging to build out a solid foundation.

Can anyone provide clarity?

Also if you are wholesaling in Illinois, would you advise this path for a new investor? Or do you invest mostly out of state?

Thanks for clarity,

Jelani