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Updated over 10 years ago on . Most recent reply

Samantha Lotti's profile image
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Samantha Lotti
  • Realtor
  • from Albany, Oregon
  • Member since Sep 25, 2014
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Samantha Lotti's profile image
Samantha Lotti's profile image
Samantha Lotti
  • Realtor
  • from Albany, Oregon
  • Member since Sep 25, 2014
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Samantha Lotti
  • Realtor
  • Albany, OR
30
Votes |
128
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Buying & Selling Real Estate

Realtor told me....

Samantha Lotti
  • Realtor
  • Albany, OR
Posted

A Realtor told me that an "investor" can not do more than three deals per year without having a license. 

I live in Oregon... just fyi.

Does anyone know if this is true? Or where can I go to find out the legal language as far as real estate investing/wholesaling?

Thanks for any input!

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Neal Collins's profile image
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Neal Collins
  • Developer
  • from Portland, OR
  • Member since Apr 8, 2014
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Neal Collins
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  • from Portland, OR
  • Member since Apr 8, 2014
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Neal Collins
  • Developer
  • Portland, OR
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Neal Collins
  • Developer
  • Portland, OR
Replied

As far as I know Samantha, if you are to do more than five flips per year in Oregon then you need a contractors license. I'm not sure how stringent the oversight is on this, and it seems like there are several ways around this. Someone else may be able to offer more insight into this.

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