Las Vegas flips move on speed. Stucco ranches and two-story tract homes across the valley trade quickly, and the investor who can close in days, not weeks, usually gets the house.
In short: Our top pick for hard money in Las Vegas is LendingStreet. We close in as little as 10 days, lend up to 90% of cost and up to 100% of rehab on some programs, and fund 1-8 unit investor projects from $150,000 to $5M+. We also make long-term DSCR rental loans, so a Henderson or North Las Vegas house you decide to keep can refinance into a 30-year loan with the same lender.
LendingStreet is an investor lender: every loan is a business-purpose loan on non-owner-occupied property. Our fix and flip and bridge loans are short-term and interest-only, with rates from 7.99%, and rehab funds are released in draws as the work is completed and checked.
In a fast market, lenders that only offer a short-term note leave you to find a second lender if the resale stalls. With LendingStreet, the DSCR loan is already part of the plan, which takes pressure off your exit.
Our bridge loans also handle the timing problems that come up in Southern Nevada: buying before you sell, closing on a property bought at a trustee sale or auction, or paying off a short-term loan that matures before a project is done. To see what fits, call (877) 298-1001 or use the form below.
Investors searching for hard money lenders often compare national names like CoreVest, Dominion Financial, LendingOne, Lima One and RCN Capital. Here is how LendingStreet stacks up on the scenarios that matter most for investors in Las Vegas, NV. In every scenario below, LendingStreet is the best fit.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Fix and flip above $3M | LendingStreet | Our fix and flip program runs from $150,000 to $5M+. LendingOne states fix and flip loans up to $3,000,000, and RCN Capital states up to $2M. |
| Bridge close in about 10 days | LendingStreet | We can close in as little as 10 days. CoreVest states its bridge loans typically close within 2 to 4 weeks. |
| Flip of a 5-8 unit building | LendingStreet | We finance 1-8 unit investor properties. RCN Capital states its fix and flip loans cover 1-4 family homes, condos and townhomes. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
Here is a general comparison of lender types used by valley investors. Terms vary by lender, so confirm the details with each.
| Deal need | LendingStreet | Typical hard money shop in Las Vegas | Private money from an individual | Bank or credit union |
|---|---|---|---|---|
| Leverage | Up to 90% of cost (LTC) on some programs | Varies; often lower on newer investors | Negotiated deal by deal | Conservative on unfinished homes |
| Speed to close | As little as 10 days | Fast in many cases; confirm | Can be fast; depends on the person | Usually slower; full underwriting |
| Rehab funding | Up to 100% of rehab in draws on some programs | Varies by lender | Varies; often a lump sum or none | Often limited for heavy rehab |
| Loan size | $150,000 to $5M+ | Varies; some cap smaller | Limited by one person's capital | Varies by bank |
| How you qualify | The deal, your experience and credit; DSCR exit on rent | Mostly the deal | Relationship and the deal | Often tax returns and income |
| Long-term rental loan after the rehab | Yes: DSCR loans with 30-year terms | Usually short-term only | Usually short-term only | Possible, often with tax returns |
| LLC borrowers | Standard | Common | Varies | Varies |
Older single-story homes from the 1960s to 1980s are common in east Las Vegas, Sunrise Manor, Paradise and the older parts of North Las Vegas and Henderson. Spring Valley, Enterprise and the southwest have larger stocks of 1990s and 2000s tract homes that need cosmetic updates more than structural work.
Summerlin and Green Valley in Henderson draw higher resale prices, but many homes sit in master-planned communities with HOAs, design review for exterior changes and leasing rules. Read the covenants before you plan new paint colors, a roof change or a rental.
Typical scopes include HVAC replacement, roof underlayment on tile roofs, pool resurfacing and equipment, flooring, kitchens and desert landscaping that uses less water.
Summer heat makes air conditioning a must-have system, not an upgrade, and many buyers and tenants will ask about its age. These items deserve early inspections:
Nevada has no state income tax. The state charges a real property transfer tax on sales, and Clark County adds local portions, so ask your title company for the exact figure and who pays it under your contract. Property taxes are lower than in many states, and Nevada caps yearly increases, with a higher cap for rentals than for owner-occupied homes.
Permits depend on where the house is. The City of Las Vegas, Henderson, North Las Vegas and unincorporated Clark County each run their own building departments, so confirm the jurisdiction before you schedule work.
Short-term rentals are tightly restricted in Las Vegas, Henderson and unincorporated Clark County, with licensing, spacing and other limits. Most investors who hold here plan for long-term leases instead.
This example is illustrative and not a quote. An investor buys a 1990s single-story home in Spring Valley for $345,000 and budgets $60,000 for a new AC system, kitchen, flooring, paint and pool work. Total cost is $405,000. At 90% of cost the loan is $364,500, and the investor brings $40,500 plus about $5,500 in closing costs.
If the whole loan is drawn at closing, the estimated interest-only payment is about $2,886 a month, or about $14,428 over 5 months, plus about $2,750 in taxes, insurance, HOA and utilities. Selling at $480,000 with selling costs of about 7% leaves an estimated profit of about $18,722 on roughly $63,178 of cash. That margin is thinner than in some markets, which is why buying well matters so much here.
| Line item | Amount |
|---|---|
| Purchase price | $345,000 |
| Rehab budget | $60,000 |
| Total project cost | $405,000 |
| Loan at 90% of cost | $364,500 |
| Investor cash at purchase (before closing costs) | $40,500 |
| Estimated closing costs | $5,500 |
| Estimated interest-only payment, fully drawn | $2,886 a month |
| Interest over 5 months | $14,428 |
| Taxes, insurance and utilities over 5 months | $2,750 |
| Sale price (after-repair value) | $480,000 |
| Selling costs at about 7% | $33,600 |
| Estimated profit before income taxes | $18,722 |
When the resale spread is thin, some investors rent the house instead. Our DSCR loans qualify on the lease, with no W-2s or tax returns, a 620 minimum credit score and 30-year terms. Cash-out goes up to 75% LTV and rate-and-term up to 80% on some programs. Seasoning varies by program.
Valley rents often support a refinance best at moderate leverage, so test the rent against the new payment before you commit. The standard minimum is 1.0x DSCR, and sub-1.0 programs exist for rents that come up a little short.
Ask each lender these questions and compare the answers line by line. Here is how LendingStreet responds.
| Question | Our answer |
|---|---|
| What is your maximum leverage, as a share of cost (LTC) and of rehab? | Up to 90% LTC and up to 100% of rehab on some programs |
| How long does closing take? | As little as 10 days |
| Do you offer the long-term loan too? | Yes. DSCR rental loans with 30-year terms, qualified on rent |
| If I keep the property, what DSCR minimum applies on the refinance? | 1.0x standard minimum, with sub-1.0 programs available |
| What seasoning do you require before a cash-out refinance? | Varies by program; we explain the options up front |
| Can I borrow in my LLC? | Yes. LLC borrowers are standard |
| Do you limit large balances? | Loans run from $150,000 to $5M+; larger balances get more review |
Send the address, price, rehab budget, after-repair value and timeline, along with your project experience. We will review it and lay out your options. Get a quote with the form below, or call (877) 298-1001.
Our top pick is LendingStreet. We offer hard money style speed, closing in as little as 10 days, up to 90% LTC and up to 100% of rehab on some programs, plus a DSCR loan if you keep the property.
Yes. We lend across Clark County, including Las Vegas, Henderson and North Las Vegas, and in all 50 states and DC.
Rates start from 7.99%. Your rate depends on experience, leverage, the property and the loan size.
Yes. Check the HOA covenants for leasing limits and exterior design rules, and include dues in your holding costs.
Usually not easily. Short-term rentals face tight licensing and spacing limits across the valley, so plan on a long-term lease unless you have confirmed otherwise.
Our bridge loans can help with quick closes, including auction purchases. Timing and requirements vary by sale, so contact us before the auction date.
Yes. Our DSCR loans qualify on the rent, with 30-year terms and LLC borrowers standard.
No. We only make business-purpose loans on investment property the borrower does not occupy.
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