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Updated almost 7 years ago on . Most recent reply

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Hello! -Newbie Las Vegas investors

Posted
Hello everyone! My partner and I love listening to Bigger Pockets podcasts and are excited to connect with all of you! We are currently waiting on our first loan to go through to begin our first BRRRR. The loans we are deciding between are the Fannie Mae Homestyle with the Homeready (to bring the down payment lower) and the 203K loan. We live in Las Vegas, which has started to really boom in the last few years, and are finding it hard to find a property under 100k to rehab. Driving for dollars seems to be our best bet as of now. If anyone has any suggestions for realtors, contractors or anything else that could help us we would greatly appreciate it! P.s. we would love to know about any meet ups in the Las Vegas area.

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Jon Lee
  • Investor
  • Las Vegas, NV
241
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Jon Lee
  • Investor
  • Las Vegas, NV
Replied

Hi @Danielle Matalonis...welcome to BP & the investing game!  Vegas is a VERY competitive market so it difficult to find properties unless you look off market.  I recommend to keep driving for dollars and pursuing vacant properties....then use a skip tracing software to find the owners.  

I run the largest real estate investor group in Vegas....there you could plug in for networking and resources.   If you would like to connect in person to get questions answered and/or to discuss the Vegas market; just text me at my number below and we can set up time.  

Hope this helps....I look forward to meeting you.

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