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Updated 12 months ago, 01/13/2024
Wholesaling in Illinois (not Chicago)
Hey everyone, so I'm thinking of trying to wholesale here locally in Illinois. I'm not interested with dealing with Chicago, as I've heard it's a terrible market. Since living in Illinois with the restrictive laws, I was going to have to go solely virtual. As of recently I've looked more into double closing and transactional funding and was wanting to see if that actually is something I can do instead of getting my license (because as of right now, I'm not really wanting to). I also don't want to wholesale illegally, but I've heard so many different things from people regarding wholesaling in Illinois. So can I double close in Illinois legally with transactional funding and if so where are the legit, reliable transactional lenders at?