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Updated over 8 years ago, 07/22/2016
New to Wholesaling
Hey BP,
I am turning to Wholesaling because of a temporary defeat I faced with buying a property this summer. I have realized that It is important for me to get a bit more knowledge and capital through real estate before buying my first property. I will be starting my wholesaling business in Tallahassee Florida where I attend Florida State University. If there is anyone in the area send me a message and we should connect. Otherwise, I have questions for you BP Fam.
1) I know I do not need an LLC so I haven't gotten one. Although I want one. I want one because I want to create my brand. But, It is a big expense for me right now. Is waiting till I get my first deal sold (money to pay for the LLC) a better time to get the LLC?
2) Before I even have my first deal should I be sending out direct mail etc? Because I am not made of cash right now.
3) How should I begin my marketing campaign?
4) Where do I find the contracts for the FL laws for wholesaling?
5) Is it legal for me to get a house under contract without actually having the funds to buy it?
Thanks,
Brock Laramee