Oregon wholesalers have to register with the state.
Oregon's HB 4058 has been in effect since July 1, 2025 — wholesalers have to register with the state and follow strict disclosure rules. Here's the plain-English version, and where funding fits if you buy the property instead of assigning the contract.
What the law does
Oregon's HB 4058, effective July 1, 2025, requires anyone wholesaling residential property who isn't already an Oregon-licensed broker to register with the state first. It also carries strict disclosure rules, and it gives the other side a short window to cancel.
This is a plain-English summary, not legal advice — confirm the registration process and your own situation with an Oregon attorney.
The disclosure rules are the part people trip over
Registration is the visible requirement. The disclosures are where the day-to-day risk sits: before the contract is signed, and in your advertising, you have to disclose plainly that you hold only a contract interest and not legal title. Either the seller or the buyer can cancel within three business days of getting that disclosure — a right that can't be waived. Skip the disclosure and the other side can walk and pursue damages.
Assigning versus buying
Oregon's rules attach to marketing a property while you hold only a contract interest in it. A double close is a different transaction — you actually buy the home from the seller, take title, then sell to your end buyer, often the same day. Whether that changes your obligations on a given deal is a question for an Oregon attorney, and it depends on the facts. What we can speak to is the practical part: buying the home takes real money at the closing table.
Where transactional funding fits
We fund the purchase for the short window between the two closings, repaid out of your buyer's proceeds, so your own capital stays free. You bring a real end buyer and a closing agent; we bring the money for the hours in between.
Budget for it honestly. A double close means a second set of closing costs — commonly around 3% — plus the funding fee. Run that against what an assignment would have paid you before you assume the structure works.
Need the funds to close?
Tell us the deal — type of funding, amount, and closing date. We answer quickly, and we tell you straight if it isn't a fit.
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