Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Ontario Durns
  • Wholesaler
  • Naperville, IL
0
Votes |
2
Posts

Can My Wholesaling Business Sale to My Buy & Hold Business

Ontario Durns
  • Wholesaler
  • Naperville, IL
Posted

I am looking to adopt a new strategy as part of my exit strategy for my wholesaling business, specifically for properties approaching their contractual close dates - with no buyers lined up.  I was wondering if it would be acceptable or legal to sale a property that I have a contract for under my wholesaling company to my company I use to buy & hold and also flip properties.  

If not, please explain, why I can't as I do not want to do anything that's illegal.  

Thanks,

Loading replies...