Legally wholesaling in CT

[Cusmore Simon]

Hi everyone. I’m a newbie to REI. I’ve read several books on REI and wholesaling. I’m very ready to start up a business and get things going. I have big plan!! From everything I’ve read I understand everything from assignments to double closing, how to use clauses, how to market, how to network for buyers, how to attract sellers and how to analyze properties. I’ve even been to a few REI meetings where I was able to pick up info about finding a lawyer. My only unanswered questions revolve around what’s legal and what’s not legal in CT. I’ve heard in other states you have to completely own the property or be licensed to market it. I’ve also heard some states do not allow assignments. Can someone who does wholesale deals in CT be able to give me some legal guidance and knowledge on how I will have to structure my deals? Thanks in advance.