Is Wholesaling in Indiana Legal?

Is Wholesaling in Indiana Legal?

Lebanon, IN · Member since 2020 · 32 posts · 17 votes

Hey everyone, I'm trying to get my foot in the door with real estate and this week I let a wholesale deal slip out from underneath me without realizing until it was too late. The only reason I hadn't thought of it before was because I thought I read somewhere or heard somewhere that wholesaling in Indiana is illegal unless done a certain way. Would anyone be able to clarify on this or explain how it works in this state? 

Much appreciated for the responses!

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  • Realtor · Indianapolis, IN · Member since 2019 · 2 posts · 3 votes
    5y

    @Javen Bowman wholesaling is not illegal in Indiana but just like anything else, you do need to follow the law when doing it. There are plenty ways to wholesale legally so I would advise working a joint venture with more experienced wholesalers to get hands on experience and avoid pitfalls.

  • Lebanon, IN · Member since 2020 · 32 posts · 17 votes
    5y

    @Erin Culp

    Thanks, I’ll start looking around to see who I might be able to work/learn from!

  • Gloria N GearBusiness Member
    Realtor · Indianapolis IN · Member since 2018 · 464 posts · 339 votes
    5y

    Contact Ronnie Reese - he is a local mentor for new wholesalers with CIREIA here in Indy.  I will DM you his info.

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