Is Wholesaling Real Estate Legal? What Just Happened In Illinois?

When I’m asked by a new Real Estate investor where they should start, I usually encourage them to start their investing career with wholesaling. Without a doubt, this strategy requires the least amount of money, expertise, time, and risk. It’s the perfect place to start because it’s where you can get the fastest, easiest “win” and when you’re new, that first win is like a newborn baby’s first breath of air. It’s critically important.

But…what exactly IS wholesaling real estate, what does it entail, and is it legal? 

What Is Wholesaling?

Wholesaling is simply finding a good deal and then

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