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On the negative, there is significant competition, proof of funds must be higher, equitable wholesaler closes in the event they cannot find a buyer by close date which requires a supply to significant money. 

Thanks so much, really appreciate the help and insight from those to have done VA loans and or know the inner workings of these Loans and what conditions a Property MUST meet in order to get approved.Just trying to save myself the time and hassle, of finding a property I like .....

Please let me know if you find one!  

I'd suggest trying a few different lenders in your market to find one better equipped to support you purchasing with a VA loan.

I’ll probably live in an apartment for a bit while I re-qualify as a first time home buyer and hopefully find another distressed property to renovate either in WA or Midwest .

You’ll find everyone there from wholesalers and closing attorneys to cash buyers and newbies just starting out.Hope to see you at one of these events soon!

OP should find a very experienced short sale agent locally and have a conversation.

PS I love Charleston .. just tied up a lot down town to do a new build on .. very tough to find lots there that work !!

Find out what this law means and how it will impact wholesaling.Wholesaling is Officially BANNED In SC - New Law Explained By A Lawyer (buzzsprout.com)