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Updated over 4 years ago,
Wholesaling in Netherlands legal?
Dear all,
I am a dutch engineer living in Taiwan. Started from last year september i started to focus on investing in realestate. I have been reading lots of books and keep listening to the podcast. After a few months of reading I decided the most important thing is to take action. Because i lived on the other side of the world, it was difficult to do walkthroughs and put out offers. Since then i have done 15 -20 walkthroughs and have put out 10-15 offers. Non of them were taken. But hey its a numbers game right, so i keep on going.
After a while the market got so hot that it is difficult to find deals on the market. So i switched to deals that are of the market. Thats when i found a great deal.
It is a legal rent by the room house(kamerverhuur pand). It has 14 rooms and a good cash flow. I think it would be an amazing deal to wholesale. Since i am at not in the Netherlands to deal with all the tenants moving in and out, the deal is not that interesting for me.
I was trying to google (in dutch) about wholesaling but couldn’t find any i formation. Is it legal to wholesale houses in the Netherlands?
Anyone has any experiences wholesaling in Netherlands?
Thanks everyone for your time!