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Updated over 5 years ago on . Most recent reply

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35
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7
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Skyy Dugger
  • Contractor
  • Las Vegas, NV
7
Votes |
35
Posts

Las Vegas rental fears c class properties. First investment

Skyy Dugger
  • Contractor
  • Las Vegas, NV
Posted

I’m looking to invest in the real estate market in Las Vegas I’m handy been doing electrical for several years. But I’m worried about c class property in the Las Vegas area and having bad tenants that don’t pay or always late any one with experience in the Las Vegas?

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42,800
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,073
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42,800
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
Originally posted by @Skyy Dugger:

@Phillip Dwyer I want to do a fha on multifamily 200-650k

you have to live in it for an FHA loan.. and unless Vegas has specific rules as an owner occ 1 to 4 units.. you don't have to adhere to as strict rules when choosing a tenant.. As non owner occ do.. you can be very choosy =so that helps.

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JLH Capital Partners

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