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All Forum Posts by: Dallas Jacob

Dallas Jacob has started 1 posts and replied 2 times.

Post: Wholesaling in Canada (CleverInvestor Strategy)

Dallas JacobPosted
  • Maple Ridge, BC
  • Posts 2
  • Votes 0

Another question I have is, if I have a contract that I am finding a buyer and all that. Though I put a deposit down for example $1,000(or as a contract agrees). 

If I can not find a buyer what happens? or would you suggest finding interested buyers first then properties? 

MY other question is, Am I eligible to do wholesale real estate in Bellingham? as I live close to there? 

Post: Wholesaling in Canada (CleverInvestor Strategy)

Dallas JacobPosted
  • Maple Ridge, BC
  • Posts 2
  • Votes 0

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! :)