Updated about 20 hours ago on . Most recent reply
Working on buying my first small multifamily in Las Vegas with FHA. Let's talk!
Hello everyone. My name is George Villegas. I am 22 years old and live in Las Vegas. I work a full time job and co-own a small business that combine for a nice steady income + no debt which I hope to leverage for an FHA loan on a multifamily property here locally. I know Vegas is not necessarily the cheapest market by any means but there many great options for multifamily here around the 300k to 550k mark. 3-4 units would be awesome but I know it comes with greater risks. I really just want to shoot for a nice duplex.
I am currently saving up for the down payment and other associated costs and should be ready by early next year to purchase. I have done years of research and feel pretty confident with my path of choice but I would love to hear from everyone. I hope it is not too soon to start reaching out to people but, is there anything I should know? I really want to connect with agents or lenders who are familiar and have delt with similar situations. I would also love to hear some advice from investors!