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Foreclosure Forum |
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No limitsIn Reply to: Limit to number you can buy in a year? posted by TC - NC on April 03, 2002 at 1:12 PM : I have a question that someone posed to me. : Is there a limit to the number of houses that you can buy and sell in a year without having to have a contractor's license? : It's my understanding that as long as you buy the home in your name, and do the work, then sell it ... that you can do as many as you want. : But someone is telling me they think there is a limit until you must have a contractor's license. : Please help? =•=•=•=•=•=•=•=•=•=•= TC, I know of several trainees of mine that buy 200 or more foreclosures in a year and vest them into individual trusts and they don’t have a contractor’s license. So I wouldn’t put much stock into what others are telling you.
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