Buy Vegas or Higher Cap Rate | Looking for Numbers

[Hassan Dager]

I own two free and clear single family properties in Las Vegas. Combined value $537K. Zero debt. Currently cash flowing $2,403/mo. Plan is to pull $200K HELOC on the $355K property and use it as down payment on a 4-unit no HOA property. Questions: 1. Best Vegas lenders for investment property HELOC? 2. Should I buy Vegas or higher cap rate market like Tucson or Jacksonville? 3. Anyone done this exact strategy? What were your numbers?