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Updated over 4 years ago on . Most recent reply

User Stats

5
Posts
2
Votes
Arielle Darby
  • Realtor
  • Cleveland, OH
2
Votes |
5
Posts

Wholesaling in Cleveland Ohio

Arielle Darby
  • Realtor
  • Cleveland, OH
Posted

Hello, I'm a newbie when it comes to RE investing, and I'm getting ready to wholesale my first property which is a commercial/multifamily unit(5 units). I've been reading a lot about wholesaling, and I feel like I'm ready but just not sure on a few things. I keep hearing wholesaling is illegal in Ohio; is that true, has anyone else heard that? Do I need a RE attorney to review my contracts? Who pays closing, or is that something I discuss with buyer? Any insight on how things will and should go is appreciated. As I mentioned this is my first wholesale deal, and although I've been reading and researching, there's nothing like feedback from others who are experienced. 

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