FREE TRAINING: How To Wholesale & Flip Houses With Consistency & Predictablity!

Real Estate Blog

Articles For Aspiring & Active Real Estate Investors

Is Wholesaling Real Estate Legal In Vermont?

Real estate wholesaling is an investment technique that has grown in popularity in the recent past. Its current rise in popularity is mainly due to the nature of the current real estate market – a seller’s market characterized by rapid appreciation and high demand.

Wholesaling real estate offers a great starting point for new investors who have little capital with which to work. Vermont real estate wholesalers search for available homes with a purchase price below market value – usually because the seller is facing financial hardship or is in a hurry to move.

Real estate investors locate wholesale opportunities using investment properties, owner-occupied properties, or rental properties, etc.  With sites like Zillow, Redfin, & online foreclosure auctions, the modern digital landscape offers an easily accessible conduit to real estate opportunities in ways never thought possible. The 21st-century real estate market allows new wholesalers to begin to...

Continue Reading...

Is Wholesaling Real Estate Legal In Virginia?

Virginia is one of the 13 original colonies and was settled more than 400 years ago when the English established Jamestown in 1607.

It's the home state of George Washington, Thomas Jefferson, and other founding fathers. Northern Virginia is close to Washington, D.C., and that's part of the reason it played an important role in the American Revolution and the Civil War.

Known by many names, including Old Dominion, Mother of States, and the Cavalier State, Virginia is an affluent crossroads that makes it one of the key economic and government centers in the United States.

If you’re thinking about investing in Virginia real estate, you may be asking yourself: Is Wholesaling Real Estate Legal In Virginia? This article will help navigate the legal landscape of wholesaling in the Mother of States.

Continue Reading...

Is Wholesaling Real Estate Legal In New Mexico?

New Mexico is appropriately nicknamed The Land of Enchantment. It's a state filled with rugged and scenic beauty, intertwined in a multi-cultural mosaic through the fusion of Spanish American, Native American, and Anglo-American influences.

Many people are drawn to the state for various reasons, making a compelling case for those who are considering a career in real estate wholesaling in New Mexico.

                          

What Do You Need To Know About Wholesaling Houses In New Mexico?

An Introduction To New Mexico

At more than 121,000 square miles, New Mexico ranks fifth among all states in total land area. ...

Continue Reading...

Is Wholesaling Real Estate Legal In West Virginia?

Real estate investing is an investment technique that has exploded onto the real estate scene recently to the surprise of many. Similar to a flipper, flipping houses, wholesaling properties is designed for investors to enter the real estate market with a reduced amount of capital than typically needed for more traditional real estate investments.

With its recent rise in popularity, real estate agents and licensees have voiced their objections to the process of wholesaling real estate – asserting that a wholesaler takes a circuitous route to avoid West Virginia’s license law. And in doing so, the real estate wholesaler’s actions are purported to rise to the level that requires a real estate salesperson or broker’s license in the state.

But vocal opponents fail to recognize that the concept of wholesaling is part & parcel of a healthy economy – implemented in many ways - from the local gas station to supermarkets and beyond. And the assertion that...

Continue Reading...

Is Wholesaling Real Estate Legal In Illinois?

The real estate market in the United States has seen some significant appreciation in the recent past.

An expanding real estate market (‘Stage 2’ noted in the graphic below) offers investment opportunities not usually viable/profitable when the market is in one of its other cycles. 

can you wholesale real estate in illinois

Source

With rapid appreciation, typically identified as a ‘seller’s market,’ the investment technique known as real estate wholesaling has become an increasingly popular investment technique. Real estate wholesaling in Illinois offers these benefits to investors–

  • An entry into the real estate market with relatively little needed in the way of capital requirements. Real Estate buyers are required to provide an earnest money deposit (typically a percentage of the purchase price, at contract) that is held in escrow by a third-party to show good faith.
  • Several strategies to exit the wholesale deal, including the double close.
  • Wholesaling real estate allows a new...
Continue Reading...

Is Wholesaling Real Estate Legal In New Hampshire?

Although it’s one of the smallest states in the nation at just over 9,300 square miles, like its immediate neighbors Vermont and Maine, New Hampshire is a beautiful and visually striking place nestled in the heart of New England. 

If you’re thinking about real estate wholesaling in New Hampshire, we’ve got some important information you’ll want to know.

...

Continue Reading...

Is Wholesaling Real Estate Legal In Delaware?

Real estate wholesaling has made investment headlines lately. While it is not a new real estate investment strategy, its recent popularity can be attributed to some of the benefits it offers real estate investors. Here are the impressive benefits available to consider for both investors and wholesalers –

  • Wholesale real estate investing allows you to enter the real estate marketplace with little capital requirements when compared to other available and profitable real estate investment strategies, like fix and flips, etc. Wholesalers are required to provide an earnest money deposit as evidence of good faith.
  • Real estate wholesaling can be profitable, primarily when implemented during a market that is rapidly appreciating.
  • A real estate wholesale deal is a terrific way to learn the business from the inside out and build a network of referrals, lenders, and, most importantly, a curated buyers list of cash buyers.

Real estate agents and licensees often voice their concern that...

Continue Reading...

Is Wholesaling Real Estate Legal In Iowa?

Real estate wholesaling is a real estate investing technique in which real estate investors begin by entering into a legally enforceable contract of sale to buy real property (rental property, investment property, or otherwise). The rights awarded by the executed contract (through the Doctrine of Equitable Conversion) are then sold to another buyer (often called an end buyer or a cash buyer). 

equitable conversion iowa

Source

The Doctrine of Equitable Conversion legally determines how a property’s ‘equitable title’ is modified when a contract is fully executed. When executed, the buyer receives equitable interest in the property. In contrast, the seller’s interests at this time convert to personal property, with a primary function to act as security until closing. 

The property’s ownership hits a gray-legal area when a purchase agreement is fully executed. At this time, the ownership of the property is shared among the seller and the buyer in accordance with the rules...

Continue Reading...

Is Wholesaling Real Estate Legal In Hawaii?

The technique known as real estate wholesaling has become a mainstream real estate investment trend recently. Although certainly not a new investment strategy, wholesaling real estate deals has risen in popularity primarily driven by a real estate market appreciating at unprecedented levels – while laughing in the face of a pandemic, a global event once anticipated to hit the world economy meteorically negatively.

A real estate wholesaler essentially acts as a middleman, which is hardly a radical idea when one considers the latitude of permittable actions within the worlds of capitalism and big biz. The process, in theory, is simple. A wholesaler finds an available property for sale (be it a rental property or not), usually priced below market value, and enters into a contract of sale to purchase the property from the homeowners. The reduced price is key, so it helps to understand that these available deals are often distressed properties or those available due to a seller...

Continue Reading...

Is Wholesaling Real Estate Legal In Washington State?

Real estate wholesaling has recently become a popular investment technique. However, its machinations are nothing new and legal if the real estate wholesaler stays within the legal limits set forth by the state of Washington.  Wholesaling real estate in Washington has these advantages -

  • Wholesale properties offer investors an entrance ramp into real estate with little capital requirements. Most wholesale transactions do, however, require buyers to put an earnest money deposit with a neutral party as an act of good faith – until the transaction is complete.
  • Wholesaling houses a profitable investment technique, primarily implemented during a rapidly appreciating market, with a couple of viable exit strategies, including the double close.
  • Real estate wholesaling is a smart way for new wholesalers to obtain practical experience. While learning the trade, less experienced real estate wholesalers can also build a good buyers list of cash buyers, other types of end buyers, and...
Continue Reading...
Close

50% Complete

Almost there!

Just enter in your name & email below for Real Estate Investing Golden Nuggets!