Here, read:http://www.legalwiz.com/freearticles/7flipping.shtmlThen ask questions. BTW, 10 seconds on Yahoo search.Anyone can wholesale a property. You do not need a RE license to do it.If you just find a property and pass it to an investor for a fee that could be considered illegal.It is not illegal to get paid to tell someone where to locate a property. I cannot go to jail if I charge you $5 to give you directions. Correctly done, birddogging is the same thing (courtesy of $Cash$).Raj
But Nancy. That would seem to me that Bird-dogging would be eligible
I am defining a bird-dog as someone that found a boarded up house and sent me the address. I put the house under contract and assigned it to my buyer. I then paid the bird-dog $500 for finding me the house.
So there is no way to compensate people for finding properties for you?
hmmmm. There has to be some loopholes there.