Wholesaling Real Estate For Beginners | New Laws Against Wholesaling 2021. Is wholesaling real estate illegal? Many beginner investors have a concern about real estate wholesaling and if it’s legal or not. Real estate wholesalers will now face new challenges entering in 2021 as Philadelphia wholesaling laws were just passed. If you decide to do virtual wholesaling in Philly knowing what these new regulations are will definitely be important. Learning how to wholesale houses for beginners in Philly and other states, it’s best to know the laws to follow so you do not get hefty fines. In this video, George McPherson, a real estate investor and coach, explains the new laws passed in Philadelphia and the impact it can have on the real estate wholesaling business. Also, how you can adapt to the changes and still win in the real estate wholesaling business.