Well, with those numbers in mind I started to seek out Hard Money lenders to assist because I recently quit my job because it was being offshored.

Employer Trend: Correct me if I wrong, but isn't the gambling industry (and all its subsidiary business units like entertainment, hospitality, etc.) the largest employer in Vegas (most likely followed by construction and then the convention industries)---if this is the case, the industry isn't known for employee enrichment/income advancement.

That was a few thousand dollars I was not going to gamble on even if I did have a little more wiggle room left :wink: that was still there for the surprise factor....you know, "surprise, I didn't count on that needing to be fixed" Glad I passed on it, I was watching another one slowly drop in asking price.

Should I gamble?

I also think that many investors are going to be willing to gamble for those real high returns.

Eric - yes I get that gambling vision when I see the avatar....but to the question...I am also a realtor and my pic is on my card.

Originally posted by "keithsan":...In most cases I'll assume I can take the 20-25% from my home... ...I'd like to avoid putting the collateral on the family home but would do so...Only gamble what you are willing to have "taken from you"!

Sometimes bank statements may indicate gambling problems or other traits you might not like in a tenant.

You state one should not invest in the stock market because you consider it gambling and too reliant on others to determine your future.

While you have a bidding war to lose, you also could potentially lose a good bit of upside if the market drops between now and Spring.If gambling and trying to time the market is something you want to try, I recommend you hold off until next winter after the election, hope that there is a major change in which parties are elected, and then take advantage of the influx of new politicians and their staffs to DC (who will be looking for places to live).Of course, I believe that's a bad decision as well.