Opportunities and Strategies
Hi guys!
i just recently moved to Denver, CO and I am lucky enough to stay with my sister for now. What i am thinking is to buy a house (condo/SF/townhouse) between Boulder or Denver and the areas in between within the next year. I would live in it for at least a year and then save up enough to buy another house and rent out the previous one.
In this massively competitive market, this is seemingly getting more difficult as i look into it. I only qualify for about 200k for a loan and in Boulder they have a Affordable home buying program i could possibly qualify for. Does anyone have more information on this? and does Denver have anything similar?
Lastly, would trying to find a partner to buy a multifamily house with and house hack for a year or two be a viable option? I am trying to get creative here since my weak 200k does not get me much in these areas. Any thoughts, suggestions or brainstorming ideas would be SUPER helpful!
Thank you everyone!
Lashaw Salta