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Updated almost 4 years ago,
Why is wholesaling in NYC so hard?
Hi everyone!
I am new at wholesaling here in NYC, and I have not gotten my first deal yet.
I recently went to a RE meeting (from BP) and I overheard people saying that its almost impossible to wholesale here because of the laws. I have been searching through the forums for a few days now trying to find some more information on this, and I have not been able to find much. So far, I understand that an attorney would be needed because NY is not a title state.
I do feel a bit discouraged and at a loss for a sense of direction.
Has anyone successfully wholesaled here, and if you have, how was your experience?
Thanks!!