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  • REI In Your Car 32: Wholesaling: Intent and Disclosure


I know we’ve been over this subject before in past episodes, but it seems to come up again and again… and that is making doubly-sure that you are careful about intent and disclosures.

Bottom line, it is illegal to broker without a license.  But is it okay to flip contracts without a license? Maybe… You've got to be careful that you're wholesaling the right way.

In this episode, I’m covering the subject by giving you a number of directives and admonitions. Are your contingencies acceptable? Do you actually have the funds to prove your intent to buy? If not, I give a number of methods in which you can get the funding.

This is not an area where you can afford to plead ignorance. Get an investor-friendly lawyer and follow their advice.

Listen and Enjoy:

What’s inside:

  • How you can protect yourself from the Real Estate Commission
  • How to have funding in place
  • Contingencies that work and are acceptable
  • Benefits of getting your license

Mentioned in this episode:

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