[Creative Financing] 2.75% Assumable VA Loan in Vegas Market as MTR/LTR strategy

[Zen Lenon]

Hello everyone,

I often come across creative financing properties, but I've recently stumbled upon a compelling opportunity: an assumable 2.75% VA Loan deal in North Las Vegas. This property features a 4-bedroom layout upstairs, with 3 full baths (including 1 3/4 bath and 1/2 bath), a 3-car garage with an epoxy floor, a loft, and a den. It's a 2021 build.

While I'm contemplating the purchase of this property, I'd like to hear your insights, especially considering I'm in the process of closing on another property set to close on 12/27/23. This opportunity appears to be an attractive medium- to long-term buy-and-hold investment.

I'm particularly interested in your recent experiences with financing options like HELOCs, cash-out refinancing, syndication, investment partnerships, or any other loan products, including hard money loan options you've used in the past 180 days. Your input will be invaluable in helping me make an informed decision.

Thank you in advance for sharing your insights.

Best regards,

Zen

[Ryan Davies]

@Zen Lenon If you're assuming you will need to owner occupy it since its a VA loan. Subject to will be your best option if it will be an investment property.