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Updated over 3 years ago on . Most recent reply

Tony Morelli's profile image
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Tony Morelli
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Tony Morelli
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Tony Morelli
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General Real Estate Investing

Do I need a Real Estate License to Wholesale in Illinois?

Tony Morelli
Posted

Hello, I have been doing some research on here and I want to confirm that I need a Real Estate License to Wholesale in Illinois.

If I keep the properties for myself then I won't need a license... is that correct?  Thanks for your help!

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Dave Spooner
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  • Rental Property Investor
  • from Cincinnati, OH
  • Member since Feb 7, 2020
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Dave Spooner
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  • Rental Property Investor
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Dave Spooner
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  • Rental Property Investor
  • Cincinnati, OH
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Dave Spooner
Pro Member
  • Rental Property Investor
  • Cincinnati, OH
Replied

@Tony Morelli If you're simply purchasing them, it doesn't really sound like wholesaling to me, so I don't anticipate you would have any issues from that perspective. You may run into some financing challenges the more you purchase, though.

  • Dave Spooner
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