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When you say that the seller would sign a contract, do you mean sign a contract to sell to you? Or that you would act as a broker between them and the investor?
To sign the contract to sell to me
If you buy the house and then turn around and sell the house to another individual, there's no illegality whatsoever there. It's the purchase and sale of property, and that's totally legal. Where it gets dicey is if you have them sign a contract to have you represent them in the sale and to find a buyer. In that instance, you would need to have a brokers license. But if you're the one actually buying, flipping, and then selling, there's no law against that.
(and no license required)
Essentially it's a series of sales in quick succession. The time period between the sales getting shorter does not make the transactions illegal.
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