Why is wholesaling in NYC so hard?

[Michelle Hashmi]

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!!

[Michelle Hashmi]

Hey Taryn. Thanks for taking the time out to respond. 

I have thought about it, but I think I should start seriously researching it and educating myself about it now. NYC seems to be very hard according to people, so I would definitely need to venture out of here. Thank you for the recommendation, I will check him out!