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All Forum Posts by: Justin Sellers

Justin Sellers has started 3 posts and replied 6 times.

I would compare all zip codes on a crime map in Jacksonville and not just one zip code.  

Post: Wholesaling in Las Vegas

Justin SellersPosted
  • Las Vegas NV
  • Posts 6
  • Votes 0

I am interested in wholesaling within the Las Vegas area, and I'm sure plenty of investors would love to see some competitive deals- wish me luck.  I do have some questions so maybe someone can chime in and help..

What type of inspection periods?  14/30 day?

What properties are NOT good for wholesaling (considering there is a motivated seller)? EX: HUD, REO, something on the MLS..

Possible threats to me the wholesaler?  EX: investor cancels on day of closing.

Would a title search be needed to ensure that the property is a prime property for wholesaling?

Also best source of education for wholesaling.. 

Post: Stipulations concerning VA loans

Justin SellersPosted
  • Las Vegas NV
  • Posts 6
  • Votes 0

Thanks Nathan!  What about working in the same career, but changing work status (employee to sole proprietor)?  Also, it's the same employer, but I'm now a 1099.

Post: Stipulations concerning VA loans

Justin SellersPosted
  • Las Vegas NV
  • Posts 6
  • Votes 0

Thanks! That makes sense

Post: Stipulations concerning VA loans

Justin SellersPosted
  • Las Vegas NV
  • Posts 6
  • Votes 0

I currently live in Las Vegas where I work from home and plan to leave within the next year. I am interested in using my VA loan to possibly obtain a multifamily unit. I have always rented, and never owned.

I work as a 1099 employee, so I was wondering what time frame I might need to be employed before getting a loan, and how long I would need to live in the area before being able to get a loan?  These are probably lender specific questions, so does anyone have any suggested lenders? - again unsure of which area I might be living.

Post: VA specifications

Justin SellersPosted
  • Las Vegas NV
  • Posts 6
  • Votes 0

I'm looking at purchasing a duplex and living in one unit, and know this can be done through VA qual lending; however, how hard is it to later change to an investment property renting both units? My upfront intent is for a home, and not an investment. Any later barriers later own selling or renting both?