First purchase here in Las Vegas. 5/2/3 in a Great Neighborhood.

[Joseph Vegas]

Investment Info:

Single-family residence buy & hold investment in North Las Vegas.

Purchase price: $291,400
Cash invested: $4,200

Personal residence. Looking to rent out rooms or maybe rent out the home under section 8. Section 8 seems like a deal. Might be able to rent the home at 2200 per month. PITI is approx 1400. :)

Looking for local RE meet up groups here in Las Vegas. Would love to join and meet local like minded people.

What made you interested in investing in this type of deal?

Great potential for income above PITI.

How did you find this deal and how did you negotiate it?

MLS.

How did you finance this deal?

VA

How did you add value to the deal?

Great rate locked it.

What was the outcome?

Closed and moved in in March 2020.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes. Sarah was a great RE agent.

[Joseph Antrim]

@Joseph Vegas in interested in seeing an update. I just recently moved here to Las Vegas too and I'm also considering using my VA benefits to purchase a multi family home. If you did end up pulling that plug how smooth was the process and did you have any headaches while dealing with the process of section 8?