Long Island Wholesale

[Russell Santos]

Hi I lived in Long Island the majority of my life. I spent about the last year learning as much as I can on the real estate, taking classes, learning as much as I can on my market, watching BiggerPockets videos, reading books, networking everyday for the past 2 months, direct mail marketing, and recently created a lead website. Wholesaling is my current wheelhouse mainly because I don't have the steady job to really save enough money for an income property.

I've talked to attorneys and wholesaling in New York in general, from my understanding, is a difficult process compared to other states. Some of my concerns have to do with down payments of about 10 to 20% which I don't have but in some cases I hear I can put down some earnest money, depending on the sellers situation. I'm not letting that get in my way, my main question is to wholesalers in the Long Island area.

What type of advice can you give to a new wholesaler in the Long Island area? I feel like I am wasting my time in this market, but still not giving up and trusting the process.