All Forum Posts by: Kenny Lewis

I am a Wholesaler in the Newport News, Virginia area (Norfolk area). Any investors need help finding good deals? Im here to help you make money. Email me back. Thank you

Hello BP,

I am new to wholesaling and I am wondering if there are any professional wholesalers in Newport News area (or Norfolk area) that I could meet up with and pick your brain. Ive done my fair share of readings and podcasts but I am a "hands-on" learner, so getting out there and being shown how to do it will help me better...I have a PREIA meeting coming up in a couple days and i know i can meet wholesalers there but im trying to get a head start...any help is appreciated. Thank you

Ok. Understood now. We JUST bought our house so we have 11 more months. Ouch. Is there any way to be able to use the rest of my eligibility to buy another home before the 1 year mark? Or will I have to refinance to conventional?

thanks Edward. How were you able to rent out the properties with VA loan? File paperwork? Just did it? Also, if I am able to buy another home with my VA eligibility, I would buy it in VA. Since we probably won't be stationed in CA for another 2 years. Would I have to move to the newest house? Or can I stay at my current house and rent out the new one?

BUT....the lingering question still remains...could l rent out my house now with my VA loan then live in my next home I buy from rest of VA eligibility? Or vise versa...

thanks JT. Now that you mention that, I remember hearing something about being able to use the rest of my eligibility into a new property. Because I know there's a certain amount of eligibility I have and if I don't use all of it, I can use the rest of it on another one...example, say my eligibility is 300k and I get a loan for 150k, I have 150k left to use. Correct? Let me know if I'm right or wrong. Thanks

Ya I just ordered that book on amazon. Was just seeing if other people have an idea or basic avg design cost.

hello BP. I am new to REI and I am looking for mentors or professional wholesalers or flippers to shadow or ideally work for to gain knowledge and experience. Looking in the newport news, Hampton, or Virginia Beach areas. Thank you

thank you Charlie...additional question. What if I don't have 20% equity in my house? Will I still be able to refinance?

Say I locked into an agreement for purchase of a home as a wholesaler. How long do I have to find a buyer? If I don't find a buyer what are my exit options?