Are wholesalers considered rep of equity purchaser under CA law?
Who is Dean Graziosi?Dean Graziosi has been investing in real estate and teaching thousands how to do the same for over 20 years! Learn About Dean Graziosi!
Are People Actually Successful?Yes, our students have had amazing successes! Seeing is believing, so watch some of the amazing stories collected over the years.
Does Dean Practice What He Preaches?Yes, unlike most "experts" teaching real estate investing Dean is an active investor buying up to 100 properties a month. See the fully documented list of deals for yourself!
What Deals Are The Students Doing Right Now?Students who are active on this site often post successes they have had and document the process. Check out all of the latest deals posted!
I would like to get started assigning properties here in CA but need to fully understand the legal implications first. If I were to sign a purchase agreement with the seller and then sell this to an equity purchaser in an assignment contract would I be considered as a representative of the equity purchaser under CA law? If that is the case I would need to have a real estate sales license under CA law.
I remember reading something indicating that I would not as I would have full equitable title of the house under the contract but I just wanted to verify this before proceeding. Thanks everyone for their input and help. This is a wonderful forum with a great wealth of information.