Army Vet Looking to Get Into Wholesaling (Please Help!)

[Ricky Robinson]

Hello, I am currently in the Military and am trying to get into wholesaling with my business partner. I've been doing my research for awhile, but still have some questions. To start, would I need an S-Corp, LLC, etc? I've had people directing me towards the S-Corp Route, and about the same amount supporting the LLC route.

Also being in the military, all of our legal forms and paperwork are on specific documents used throughout the branch of service. Is this the same for wholesaling? Are there specific forms I would need to provide my motivated seller and buyer, or would I just draft my contracts up myself?

And finally, are there any limitations on how often or where I can close a wholesaling deal. I travel a lot, and am wondering are there any special rules I need to abide by if I wanted to tackle a deal out of state. Thanks for any help you can provide!