New to Nevada - Markets for Multi Family Properties to House Hack

[Bryan L. Ramirez]

Hello Everyone,

I am a first time investor and CPA from California working to start my investing journey by investing in multi-family properties. I am considering out of state investing opportunities, and would like to explore investing opportunities in Nevada. My initial strategy is to house-hack with an FHA loan on a duplex/triplex and scale up from there on my second and third properties. I am also open to single family homes, with opportunities for appraisal on those properties. What markets in Nevada (example Las Vegas) would you recommend are the best for multi-family homes (2-4 units) in the $250- 600K range? Thank you in advance for your advice.

[Phillip Dwyer]

Hi Bryan,

Do you plan to move to the Vegas metro? In order to use an FHA loan to buy a 2-4 family property, you have to live in one of the units.