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Updated almost 13 years ago on . Most recent reply

User Stats

511
Posts
209
Votes
Nathan Paisley
  • Flipper/Rehabber
  • Atlantic County, NJ
209
Votes |
511
Posts

To get a C.O or not to get a C.O... that's the question

Nathan Paisley
  • Flipper/Rehabber
  • Atlantic County, NJ
Posted

I need an answer from a true wholesaler/investor. Do I need a C.O to assign/double close a property in as/is condition? I've never heard of wholesalers having to have one but my attorney said, that in SOME municipality's you need one. I know what you're gonna say... Listen to your attorney! I just can't get past the thought that I don't need one. I'm not buying the property to live in, I'm assigning it as/is. Wouldn't the responsibility fall on the buyer before he rehabs and sells back on the market?

[/b]I need answers!

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