Is wholesaling real estate legal in Rhode Island?
Yes. Wholesaling real estate in the Ocean State is considered legal if the wholesaler remains within the legal limits of real estate law in the state.
Is wholesaling real estate legal in West Virginia?
Yes, wholesaling real estate in the Mountain State of West Virginia is within legal boundaries. If a real estate wholesaler vigilantly navigates the transactions without overstepping the legal boundaries of West Virginia’s license law.
How does a real estate wholesaler work?
In real estate wholesaling, a wholesaler puts a seller’s home under contract and then finds an interested investor to buy it. The wholesaler assigns their rights in the contract to the buyer at a higher price than the price contracted with the seller, and keeps the difference.