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Matt Malouf , CA
Let's take a look at the Las Vegas market as a group and analyze it a bit. Looking to purchase 3+ bedroom house, no HOA fees, Purchase price $250,000-300,000. It would be an investment purchase 20-30% down payment. Owner would live about 3 hours outside the market so day to day operations would need to be handled virtually. The owner would also like to use the property on various days and weekends (about 30-45 days) throughout the year.
Do you know the area? what neighborhoods do you recommend they look at? avoid?
Don't know the area and doing some virtual research? Cool what neighborhoods would you recommend and why?
Lending issues you see?
The buyers would be a family early 40s this would be their third property, they already have their primary residence, and a second home. A loan here would put them around 40% DTI.
Thoughts? Suggestions? Assumptions? Let's discuss.
Matt Malouf
Author-Adventurepreneur
Sandeep N. Austin, TX
Jun 09 2019, 06:14 PM
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