Is Wholesaling Real Estate LEGAL? Laws & Regulations (2024)

In this video, Stan Gendlin answers the frequently asked question, 'Is Wholesaling Real Estate Legal?' The short answer is yes, but it's essential to understand how to do it legally, as the regulations vary from city to county to state.
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Before diving into the details, be sure to click the link below for a comprehensive guide on legally wholesaling in all 50 states!
📚 DOWNLOAD THE RESOURCE FOR HOW TO LEGALLY WHOLESALE IN YOUR STATE HERE:
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🏠Watch our FREE Training on How To Get Started Wholesaling & Flipping Houses WITHOUT Spending $1 On Marketing Here:
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Stan provides examples to illustrate the variation in wholesaling laws across different states. For instance, in South Carolina, wholesaling is permissible with the correct procedures, while in Illinois and Ohio, a real estate license is required.
He also shares a personal story demonstrating the benefits of wholesaling in his personal real estate investing business over traditional flipping, highlighting the potential for quicker cash flow and reduced time investment.
In conclusion, Stan stresses the importance of seeking legal guidance to navigate the intricacies of wholesaling laws in your area.
Timestamps:
00:00 Intro
00:25 Is Wholesaling Real Estate Legal?
01:23 Examples Of Wholesaling In Different States
02:07 Is Wholesaling A Good Strategy For Real Estate Investing?
03:08 Conclusion
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📝 Disclaimer:
This video is not personalized financial or legal advice for the viewer.

[@RealEstateSkills]

🔥Watch our FREE TRAINING to learn how to Wholesale & Flip Houses from the MLS without having to do any marketing: realestateskills.com/training?el=iwrel

[@Hestia134]

Appreciate the resources fam 👍🏽

[@RealEstateSkills]

Glad you're enjoying the help, @Hestia134! 🙂
Cheers! 🏠

[@cashbuyersinlongisland]

How can I get that guide ?

[@RealEstateSkills]

Go here to get the Wholesaling Guide: www.realestateskills.com/howtowholesale?el=iwrel
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Happy Wholesaling!