California Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
IS Wholesaling Illegal in Orange County, California?
Greetings!
Lately I've been doing a lot of research regarding the topic of wholesaling and if it's illegal due to the different claims of it being considered brokering. Though assigning the contract and double closing are two methods frequently used to wholesale properties, which method would be suitable in the market of OC? IS assigning the contract illegal and considered as practicing as a broker? Should I just play it safe and double close, take title, than close with the buyer? There many answers being thrown on both sides of spectrum that are against and for the "possibility" of wholesaling being illegal. Any kind of insight and advice would help a lot! Cheers!