Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply
Questions about Wholesaling
Just trying to learn more about the basic fundamentals of whosaleing. Do you have to have a Liscense in order to get into whosaling ?
Most Popular Reply
@Najee Hoggard You do not need a license to wholesale properties.
To wholesale, you purchase a property and close on it. You go on title. You then resell it.
It is the same as any for-sale-by-owner and perfectly legal.
What is not legal in every state is assignment - getting a property under contract and selling the contract.
But wholesaling is legal everywhere.