Where are the RE attorneys that know about wholesaling!
Im concerned about the laws on wholesaling in new york city (not only manhattan) and I want to get in touch with some attorneys that are familiar with this so I can have some on my team and do things the right way!
I have never heard of laws in NYC for wholesaling
There are no laws that I'm aware of specifically related to wholesaling properties. To be honest, that term of being a wholesaler is really a person who flips real estate contracts. Very few actually close on properties and then offer them to people at a discounted rate. Most "wholesalers" are just out there trying to make as much as they can per deal without putting any $$ into it if possible. It's all about them in my opinion.
@Jaz Ram I do not know why any legitimate attorney would help someone broker real estate without a license
@Darren Sager thank you!!
@Jaz Ram
Follow the link below. From YouTube.
Done extensively by a NY attorney...
Can't vouch for him, but informative.
https://www.youtube.com/watch?v=k2v_kqK_Bd8&fbclid=IwAR1JRpwHVoxV-vlFbyWuPsXdSG5Do6aa_rP4kA5h34FNhicQFLwyYWjihbw
@Jaz Ram
http://www.clarkslaws.com/wholesaling
Or, check out their website.
There are ways to wholesale legally in NY, but its not like other places.
Im neither a wholesaler nor a realtor, but I found the information interesting.
@Bill O'Donnell omg thanks for sharing!!
@Jaz Ram
No problem.
Wholesaling in NY is tough.
Best of luck.
There are plenty of other ways to get into real estate. Don't give up...