All Forum Posts by: John Griswold

This is specifically Ohio law. Best to stay on the safe side of the law wherever you are  though!

http://watsoninvested.com/wholesaling/

Hi Josh! Check this place out - http://www.hardyrealty.com/listings/detail.php?lid...

4 units for 107,000 8) Just down the road from Shorter University.

I have 20 yrs remodeling experience. Message or call me if you need some rehab advice.

 If a person is wholesaling for a "commission", then they are a acting as a broker without a license. If a person is assigning their interest, then it seems that they are within the law. Here is a seemingly decent article on the subject - http://houseflippingagent.com/2014/06/05/the-ohio-...

Be sure to read the comments below the article citing the actual laws. 

Is wholesaling illegal? No.

Is it easy to break the law wholesaling? I'm afraid so.

I would highly recommend finding an experienced mentor as your first goal.

Any way to delete my own comment?

Wayne, Does this mean a ridiculously low price was paid for the house? I ask because next week I'll be working with a widow to relieve her of a real estate burden which I will be paying a seemingly unrealistic price for.

If you can work with the owner to let you do repairs on the house(like roof repairs so that the condition ceases to degrade) you could then file a mechanics and foreclose on that lien.