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Updated over 6 years ago,
Wholesaling in Canada (CleverInvestor Strategy)
Hi, I am new to real estate wholesaling in Canada.
I am just curious, is it Illegal to do wholesale real estate in Canada being unlicensed?
What I mean is,
Find a seller, make an offer -> put a little bit of cash down as a deposit -> then have a buyer wanting to buy the house. Without having to actually own the property, just basically transferring to the buyer but still getting a little profit?
Clever Investor Cody Sperber does this is the US, I was just wondering if it is legal in Canada, maybe there are different regulations.
Just having a Buy and Sell contract in play.
Thank you! Hopefully somebody can answer my question! :)