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All Forum Posts by: Mike Chatman

Mike Chatman has started 2 posts and replied 4 times.

Post: Is wholesaling illegal in california??

Mike ChatmanPosted
  • Investor
  • Richmond, CA
  • Posts 4
  • Votes 0

@jay

You make alot of sense. I am trying to break into the market without havingto spend thousands of dollars to get in. Am i trying to get rich over night? No but i want something better in life for my family and think real estate can open a door. 

Post: Is wholesaling illegal in california??

Mike ChatmanPosted
  • Investor
  • Richmond, CA
  • Posts 4
  • Votes 0

thanks @jay and @john for the responses. Then minute i posted this, i remembered knowing someone who does wholesaling. He said he will help me do it the right way..

Post: Is wholesaling illegal in california??

Mike ChatmanPosted
  • Investor
  • Richmond, CA
  • Posts 4
  • Votes 0

Hello Bp

I have been hearing a lot about wholesaling homes and got interested in learning more. Then I was asking my realtor about the subject. At first she was like what is that? Then when I tried to explain it to her (best I could) she said that is completely illegal in California and the terms on a contract can not be changed without the seller agreeing to the changes.. So now im wondering is wholesaling legal in California?

Post: New to Bigger pockets. Wanted to introduce myself

Mike ChatmanPosted
  • Investor
  • Richmond, CA
  • Posts 4
  • Votes 0

Hello Bigger Pocket community. My name is Michael (Mike) and I am from Northern California (SF Bay area).. I am new to the business of real estate. The most experience I have is from me buying my own home last year (july). Well I use to do reading and research years ago when I first wanted to get into investing but was told that I would need 100's of thousands of dollars to get started.

But right now I am currently looking at getting into wholesaling to get my feet wet and then moving into fix and flip or fix/hold/flip and then buy and hold (would love investment properties to leave for my family one day)

Would love to meet people in my area or surrounding areas..