Investor Requirements
- Investment properties range from $350,000 to $475,000. The table below shows estimated cash requirements for purchasing and renovating properties at different price points.
| Purchase Price | 30% Down Payment | 3% Closing Costs | Typical Renovation Cost | Estimated Cash to Acquire and Renovate |
|---|---|---|---|---|
| 350,000 | 105,000 | 10,500 | 20,000 | 135,500 |
| 375,000 | 112,500 | 11,250 | 20,000 | 143,750 |
| 400,000 | 120,000 | 12,000 | 20,000 | 152,000 |
| 425,000 | 127,500 | 12,750 | 20,000 | 160,250 |
| 450,000 | 135,000 | 13,500 | 20,000 | 168,500 |
| 475,000 | 142,500 | 14,250 | 20,000 | 176,750 |
- Take our training. The initial training is two 1 hour sessions that teach you everything you need to know to be a successful investor.
- Supply a pre-approval from a Nevada-licensed lender for $450,000. Although we require pre-approval at this amount, most investment properties cost between $350,000 and $430,000.
- Sign our terms and conditions. The National Association of Realtors requires all potential buyers to sign a buyer representation agreement before we can provide property information.