Bridge Loans, Rental Investment and New Construction in Nevada
The Silver State has a growing population and a strong rental market. New construction is also booming in Nevada and opportunities still remain for fix and flip investors. And with no state income tax, Nevada is an appealing place to invest for both busy professionals and retirees. Nevada has something to offer every real estate investor!
Nevada Loan ApplicationInvestment Properties in Nevada
Now's a great time to consider investing in real estate in Nevada. There're plenty of opportunities in new construction, flipping distressed or outdated properties, and long term/short term rentals.
Nevada's economy is powered by a diverse mix of industries, including gaming, tourism, mining, and transportation. The state's largest employers include the University of Nevada, the Reno-Sparks Convention and Visitors Authority, and Microsoft. With its strong job market and ample opportunities for growth, Nevada is an attractive destination for businesses and workers alike. The state's central location and easy access to transportation networks make it an ideal hub for businesses that need to ship goods or connect with customers across the country. And with its large pool of skilled workers, Nevada provides businesses with the talent they need to be successful. Do not overlook Nevada when developing your real estate investment strategy. You know about tourism, but the state is full of new housing, office space, and rental needs.
With a median price this year of $267,900 and roughly 15,936 homes available in Nevada, there is still room for profit even with higher interest rates. In the rental space, there are great opportunities with more than 2,767 units available with an average rent of $1,454 per month. If new construction is your area of expertise, there are 3,594 vacant lots available for purchase and building.
Whether you're looking to gamble in the world-famous casinos or enjoy the natural beauty of the Nevada desert, there's something for everyone in this unique state. Check out our list of the top tourist attractions and things to do in Nevada. Casino gambling is the biggest draw for tourists coming to Nevada, and Las Vegas is the most popular destination. With its world-famous casinos and hotels, Las Vegas is a 24-hour city that never sleeps. There's also plenty of live entertainment, great restaurants, and shopping opportunities. If you're looking to get away from the hustle and bustle of Las Vegas, Reno is a great option. This quaint city has a slower pace, but still offers plenty of casinos and other forms of entertainment. Reno is also a great base for exploring the nearby Sierra Nevada mountains which drives an underrated tourism base. For those who want to experience the natural beauty of Nevada, there are many options. The state is home to some of the most stunning desert landscapes in the country. Visitors can go hiking, camping, and rock climbing in the Mojave Desert or see the amazing geothermal features of Yellowstone National Park.
Knowing the demographic breakdown of the state's population is important for understanding the pool of potential buyers. 16.1% of the population is 25 to 34 years-old, 13.5% of the population is 35 to 44 years-old, and 34.1% is over 44 years-old.
Apply now to take a step forward with an investment in Nevada's real estate market.
Nevada's economy is powered by a diverse mix of industries, including gaming, tourism, mining, and transportation. The state's largest employers include the University of Nevada, the Reno-Sparks Convention and Visitors Authority, and Microsoft. With its strong job market and ample opportunities for growth, Nevada is an attractive destination for businesses and workers alike. The state's central location and easy access to transportation networks make it an ideal hub for businesses that need to ship goods or connect with customers across the country. And with its large pool of skilled workers, Nevada provides businesses with the talent they need to be successful. Do not overlook Nevada when developing your real estate investment strategy. You know about tourism, but the state is full of new housing, office space, and rental needs.
With a median price this year of $267,900 and roughly 15,936 homes available in Nevada, there is still room for profit even with higher interest rates. In the rental space, there are great opportunities with more than 2,767 units available with an average rent of $1,454 per month. If new construction is your area of expertise, there are 3,594 vacant lots available for purchase and building.
Whether you're looking to gamble in the world-famous casinos or enjoy the natural beauty of the Nevada desert, there's something for everyone in this unique state. Check out our list of the top tourist attractions and things to do in Nevada. Casino gambling is the biggest draw for tourists coming to Nevada, and Las Vegas is the most popular destination. With its world-famous casinos and hotels, Las Vegas is a 24-hour city that never sleeps. There's also plenty of live entertainment, great restaurants, and shopping opportunities. If you're looking to get away from the hustle and bustle of Las Vegas, Reno is a great option. This quaint city has a slower pace, but still offers plenty of casinos and other forms of entertainment. Reno is also a great base for exploring the nearby Sierra Nevada mountains which drives an underrated tourism base. For those who want to experience the natural beauty of Nevada, there are many options. The state is home to some of the most stunning desert landscapes in the country. Visitors can go hiking, camping, and rock climbing in the Mojave Desert or see the amazing geothermal features of Yellowstone National Park.
Knowing the demographic breakdown of the state's population is important for understanding the pool of potential buyers. 16.1% of the population is 25 to 34 years-old, 13.5% of the population is 35 to 44 years-old, and 34.1% is over 44 years-old.
Apply now to take a step forward with an investment in Nevada's real estate market.
✓ Just a few of the locations we service - Sunrise Manor, Paradise, North Las Vegas, Enterprise, Spring Valley, Sparks, Henderson, Reno, Las Vegas
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Nevada
Loan Summary Information for Nevada
Getting the right funding in Nevada can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in Nevada. Whether you flip houses, or are interested in building a new home to sell, or a rental for the long term, LSM has a product that can help. We are one of the premier hard money lenders in Nevada. Read on to learn more about our current offerings in Nevada.
Loan Products | FICO | $ Loan | Term | Rate | Points |
---|---|---|---|---|---|
FIX&FLIP (BRIDGE) | 620+ | $75K+ | 12-24 Mos | 10.25%+ | 2-4 |
RENTAL (1-4) | 660+ | $75K+ | 30-Yrs | 7.59%+ | 1-4 |
RENTAL (5+) | 680+ | $250K+ | 30-Yrs** | 7.89%+ | 2-5 |
NEW CONSTRUCT | 650+ | $75K+ | 12-24 Mos | 10.89%+ | 2-4 |
All loans must be used for non-owner occupied properties purchased for investment. Commercial properties are not eligible for lending unless they are mixed use and comprise at least 50% residential use.
** 30 Years 5, 7, 10 or interest only