All Forum Posts by: Nate Narcisse

Hi BP family, my name is Nate. I'm trying to get into the wholesaling business, and trying to figure out my first step. Would it be a good idea to find an attorney and create an LLC? Aside from the title company, is having an attorney necessary for wholesaling? If so, what role does the attorney play? When looking for a motivated seller that has a property that falls under the definition of a "good deal", what are red flags I should look out for before getting their property under contract?

@Will Barnard - Thank you for the advice.

As I read through your original post, and the following comments from the BP community, I couldn't help but wonder what a sticky and awkward situation between the seller and the wholesaler (making an empty promise to help relieve the burden by selling the distressed property, but then later walk away when the buyers aren't interested in a clearly bad deal). 

That being said, I'm new to real estate investing and, as you mentioned in your original post, I "want to start out in wholesaling as a means to get started in the biz". Therefore, what steps should I take to acquire the 3 main ingredients to become a true wholesaler. In other words, what would you say is the first step for each ingredient ? After the first step, what would I have to do consistently to continue to develop each ability? And lastly, would you say reading J.Scott's Book, Estimating Rehab Costs, is a step in the right direction for ingredient 3.?

Hi everyone. My name is Nate Narcisse. I am from Salisbury Mills, NY ( 1-hour North from NYC). I hope to invest out-of-state (I'm leaning towards Texas at the moment). By joining BiggerPockets, my goals are to gain guidance as I make my first few deals. I also hope to network with likeminded individuals. A fun fact about me is that I enjoy waking up, as early as 3am, in the morning.