I recently purchased a primary residence in Centennial, Colorado using a buy and hold strategy. It needs a bit of work, which I plan to do over the next 5 or so years and then sell. I thoroughly enjoyed the real estate purchasing process and the hot market in the Denver area has got me salivating over investing.
We used a VA loan to purchase our primary residence, and thus didn't have to put a large down payment down. What we did have saved for a down payment, I'm looking to use as an initial investment in real estate.
We have about $15k to invest, and I'm wondering what advice everyone could provide as far as types of investing. I'm considering a rental apartment to purchase and landlord myself, but wondering if anyone has advice on their first real estate investment?
I commented on the other post you made. did you make two posts on purpose?
whoops. I did not.
Investing in Colorado now is really a Buy & Hold with rents peaking now!!!!
Check out http://arapahoecountyco.downpayment.org for help with down payments in Colorado!!!
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