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Updated over 6 years ago on . Most recent reply

Jesus Ramirez's profile image
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Jesus Ramirez
  • from Bronx, NY
  • Member since Oct 8, 2015
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Jesus Ramirez's profile image
Jesus Ramirez's profile image
Jesus Ramirez
  • from Bronx, NY
  • Member since Oct 8, 2015
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Jesus Ramirez
  • Bronx, NY
10
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53
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Wholesaling

Wholesaling in New York

Jesus Ramirez
  • Bronx, NY
Posted
Hi all, Is wholesaling legal in nyc? If so any wholesalers in the metropolitan area. I would like to begin wholesaling. I’ve watched several videos on YouTube and many articles online as well.
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Mike Cumbie's profile image
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Mike Cumbie
  • REALTOR®
  • from Brockport, New York
  • Member since Oct 2, 2015
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Mike Cumbie's profile image
Mike Cumbie's profile image
Mike Cumbie
  • REALTOR®
  • from Brockport, New York
  • Member since Oct 2, 2015
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Mike Cumbie
  • REALTOR®
  • Brockport, NY
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Mike Cumbie
  • REALTOR®
  • Brockport, NY
ModeratorReplied

@Jesus Ramirez,

If by Wholesaling you mean, buying cheap and selling high, then yes it is perfectly legal in NY. If you mean to enter into a contract and not be able to close unless you can assign it, I would recommend you discuss your business plan with a lawyer who is prepared to defend you. 

  • Mike Cumbie
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