If you're looking to built extra capital buy wholesaling don't get your license because there are certain ways you can't market with your license that you can without.

Then I came across wholesaling and the steps to make that work .

Wholesaling or are you rehabbing?

As far I have done my research wholesaling is legal in NY and NJ but does the bank restricition mean you cannot wholesale if working for a bank?

So I haven't done anything in wholesaling yet, and here's the reason...

I think what you are looking for is someone trained in the ways of real estate investing - an agent that will:Introduce you to FSBO's - Expired Listings and other real estate opportunitiesWill be your fiduciary representativeWill make offers for you on suitable real estateWho understands creative financing; delayed settlement, seller assisted financing, assignment, wholesaling, REO, tenant selection, soft money mortgages, tax salesWho will be responsive to your financial goals and a person of integrity and trustHelp with direct mail and street marketing to locate transactionsHousing and rent court marketingAbsolute aware of financial and contract clauses as well as contract engineeringCan assist in - delayed settlement - automatic extension, performance mortgages, subordination, principal mortgages, options and joint venturesAware of bidding on REO, forclosures, tax sales and public auctionsUp to speed on commercial real estate, lots and land as well as businesses with real estateHow should you treat this wonderful person (if you can find one) -They should have a commitment from in the form of a Fiduciary Buyers Brokers AgreementYour agreement to pay them a commission on any non-listed deals they bring youA bonus agreement for great deals that you closeA gas budget - or a cash payment for gas Kind words and respectTo be sincere and active with the agentRespect from youFirst class training on how to represent youSometimes an equity interest in the great deals the agent has initiatedListings when you are ready to sellYour cooperation - all your financials, tax returns and other information that will help your agent close dealsA few free lunches ----Good luck --- Charles

James Caruso SFR, wholesaling and eventually multi-family rentals are where I'm wanting to focus.

I am wholesaling with my partner and everything is doing well for us and we are persistent and progressing quickly.

This is strictly a perception thing in my opinion, not a legal issue.Also generally speaking the code of ethics for licensees makes things like wholesaling a bit of a gray area in terms of who all gets a piece of the pie (broker's comission split and other distribution of earnings)

Hey everyone,I am about to put a property under contract, but the seller already had an agreement with a real estate agent. Who would sign the purchase contract I give them? The Seller or the agent? Should i get the s...