What comes after setting up LLC?

[Jorge De Jesus II]

Hi, everyone. I'm new here in biggerpockets and I'm also new in real estate investing. I'm basically starting from scratch. I attend a "free" seminar on real estate investing and I've been reading up on real estate investing. I can say that this is what I would like to do for the long term. I need advice from the good people here in biggerpockets. I was told that I need to get an LLC to be able to wholesale or flip in real estate investing. What else do I need to do after setting up an LLC? More or less, how much would it set me back before I can start doing deals?

Thank you for your response and help.

[Account Closed]

You don't need an LLC to get started.

You need leads. 

An LLC can be put together quickly, if needed.

Decide which kind of investor you want to be *(SFR, Commercial, Land, Tax Liens, HML, Multi-Family,etc., how much money you have to start with and the city or state you want to focus on. That will determine the next step. Outline where you want to be in five years.

Then get back to us.

Or,

If you have further interest send me a Colleague notice and I can email you some info.