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Updated almost 10 years ago on . Most recent reply

User Stats

73
Posts
57
Votes
Mark Parzych
  • Wholesaler
  • Houston, TX
57
Votes |
73
Posts

Wholesaling w/ Real Estate Agent Partner

Mark Parzych
  • Wholesaler
  • Houston, TX
Posted

I'm not a realtor, but if I was to enter a general partnership LLC with a realtor and we market to wholesale, does it need to be disclosed that one of us is a realtor? If the company was a 60/40 where I'm the 60% does it still need to be disclosed? What if I was the general partner and he was a limited partner?

I assume there may be push back from sellers if we also disclose that it could be listed with us instead. Does anyone else run into that problem?

Thanks

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