Buying a first home: Las Vegas
 

I've been doing very well in poker recently and have decided to pursue a wise professional gambler ivesting strategy: spend your money before you lose it. I’m decided purchase a single family home/condo/townhouse in Las Vegas and am looking to spend 300-400k. I choose Las Vegas simply because I am a professional gambler.

-I am basically a total real estate noob and could use any advice I could get (along with book recommendations).

-I plan on putting down 100-130k. My credit score is around 740 and I only have a tax return for 2006 (with my own records for 2007). Will I have any problems getting a loan? Will my parents have to cosign?

I am looking for in order: safe area, baller factor (pool, hot tub, tile floors etc), closeness to strip.

I sincerely appreciate any help.

Re: Buying a first home: Las Vegas
 

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am looking to send 300-400k.

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stars account stinkypete13 plz

Re: Buying a first home: Las Vegas
 

don't know much, but it seems like putting down 20%+ and having a 740 score should be enough to get the mortgage you need

wherever you live, you can just make renovations to make it baller, so that's not really an issue.

Re: Buying a first home: Las Vegas
 

I think you should hold off buying for a few more months. I have a feeling vegas RE hasnt gone down nearly as far as it will.

Re: Buying a first home: Las Vegas
 

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I think you should hold off buying for a few more months. I have a feeling vegas RE hasnt gone down nearly as far as it will.

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Have you been to michigan in decemeber?

Re: Buying a first home: Las Vegas
 

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I think you should hold off buying for a few more months. I have a feeling vegas RE hasnt gone down nearly as far as it will.

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Have you been to michigan in decemeber?

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I live in canada lol, you get no pity from me. You can always rent for a few months.

Re: Buying a first home: Las Vegas
 

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I think you should hold off buying for a few more years. I have a feeling vegas RE hasnt gone down nearly as far as it will.

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FYP

Re: Buying a first home: Las Vegas
 

http://macromarkets.com/csi_housing/MSA/las_vegas.asp

Check out where prices are headed in Vegas. You might want to wait awhile.

Re: Buying a first home: Las Vegas
 

wait like 2 years

Re: Buying a first home: Las Vegas
 

wait at LEAST a year