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Updated almost 15 years ago on . Most recent reply

User Stats

12
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0
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Annette Hala
  • Real Estate Investor
  • Denver, CO
0
Votes |
12
Posts

Buying First Investment Property in Denver, CO

Annette Hala
  • Real Estate Investor
  • Denver, CO
Posted

I am currently trying to find my first investment property in Denver, CO. My hope is to rent to students from a local seminary. My parents have successfully had a home rented for 25+ years using this strategy. I have $30,000 to put down, this includes closing costs and repairs. I have been searching for a few weeks but I'm not sure I have the right strategy. I am looking for move in ready because I want to have it ready for the new students coming in August. Am I breaking all the rules not waiting for a fixer-upper?

Most Popular Reply

User Stats

916
Posts
296
Votes
Shanequa J.
  • Realtor
  • Houston, TX
296
Votes |
916
Posts
Shanequa J.
  • Realtor
  • Houston, TX
Replied

There are no rules as long as you can make money. The condition should not matter if the numbers are good.

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