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Updated 3 months ago,

User Stats

12
Posts
4
Votes
Jon Pflueger
  • New to Real Estate
  • New York, NY
4
Votes |
12
Posts

Lawyer Reviewed Contract

Jon Pflueger
  • New to Real Estate
  • New York, NY
Posted

Is it worth it to have my contracts drawn up, or at least reviewed by a Real Estate Attorney. I understand the state laws regarding wholesaling in NY are tricky, but is it worth it to spend the money to have lawyers review or draw up my contracts? I think it will save me money in the long term in the event I am sued, but lawyers are expensive and as a student, disposable income isn't exactly too prevalent. What I have saved would ideally go to filing an LLC and earnest money when I get properties under contract.

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