Flipping and wholesale in Alaska

[Polly Reutov]

Hello everyone, my name is Polly. My husband Denis and I just recently attended a 3 day seminar and they opened the doors to a whole new way of approaching and making deals in real estate that we had no idea about, besides the conventional bank loans.

My husband has been in construction for about 13 yrs and I have been a stay at home mom for 2 years now. We are truly excited about this hands-on real estate investing as a team.

[Cristina Corredor]

Hi Jason,

Wholesaling as Assigning a contract to a third party in Alaska is not illegal. I am doing it through Fidelity and there´s no problem with that at all. But not all title agencies feel comfortable with that. Just look what works for you.

I think would be interesting to get together and talk about that a little more. As I am also a realtor I haven´t had a problem with other realtors telling me that I can not do that. I am disclosing my intention to the seller and to the end buyer. My broker approves this so that´s a green light for me.

I would say that if you have a purchase and sale agreement signed you are acting as a seller, then, "your house, your rules"....