New Member Introduction

[Alex Turner]

Hi All, 

I have been listing to the BP podcast very regularly and finally joined the online community! 

I am a Mortgage Broker in the Denver area and I have been working with a lot of investors lately. 

Seeing the numbers from a lending perspective has me excited to start investing myself. It is my #1 goal this year to purchase my first property. Looking forward to more great information from this community and learning as I continue towards my own financial freedom through real estate! 

[Alex Turner]

@Brian Wilson

Thank you,@Brian Wilson

Right now the most common trend I am seeing is investors utilizing second home loans. This allows for 10% down as opposed to 20% down on an investment property. I have a couple from California that is doing that now. They're jobs are fully remote and they do not intend on occupying a primary residence for a full 12 month, but they just got a new job in Colorado. They want to have a property they can retreat to hear but also utilize for Cash Flow so the second home loan is a great option for them. 

Thornton and Westminster are great areas!