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Old 01-22-2012, 11:35 PM
 
Location: Here and there, you decide.
12,908 posts, read 27,995,060 times
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Quote:
Originally Posted by TheGreatCurve View Post
Aren't even most of the $150K-$200K homes in Vegas being bought by cash buyers these days? I understand at least half of all the homes sold in Vegas in the past few years have been all cash deals.
No.. Cash buyers for investment like 100k and below for the most part
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Old 01-22-2012, 11:46 PM
 
Location: Planet Earth
677 posts, read 835,448 times
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Quote:
Originally Posted by airics View Post
No.. Cash buyers for investment like 100k and below for the most part
Well, I personally know someone who bought two houses recently in Vegas for investment with cash - one for $200K and the other for $160K. I'm sure there are plenty of other investors like that buying in Vegas. I mean, many people can sell their home in CA and buy 10 with cash in Vegas.
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Old 01-22-2012, 11:50 PM
 
Location: Here and there, you decide.
12,908 posts, read 27,995,060 times
Reputation: 5057
It's about R O I. And price point is everything. If you knew the answer why did you ask?
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