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House Hacking in Denver, Colorado?
Hello BiggerPockets Forums,
This is my very first post with BP, but I am ready to reach out and learn about what REI has to offer. To give some context of my plan/vision, I will be moving out to Denver, CO in the Summer of 2021. I am looking to purchase my first home, but I am a complete newbie when it comes to REI. I am currently focusing on saving up at least 3.5% down for this first property. I plan on house hacking this rental property (and live out of it for at least a year).
I listened to @Craig Curelop (guess I wasn't able to tag him) BiggerPockets Episode 252 about House Hacking and was immediately hooked. I intend to buy his book on "The House Hacking Strategy". I am really intrigued about this concept and thought it would be a perfect fit for my situation as I move into the Denver Market. I am currently looking at properties that I can maximize this house hacking concept and either eliminate my rental/mortgage expense entirely and/or produce some sort of positive cashflow.
I am open to any ideas or further thoughts/comments to help facilitate a discussion. I will happily include a deeper background of myself if warranted as I am trying to make the right connections when I get out into this vastly growing market. As I previously stated, I am not able to get out into the Denver market until my lease is up with my current living situation (ending in June 2021). After listening to @Craig Curelop's BiggerPockets Podcast, the two things to get started in House Hacking is to search for lenders and real estate agents in that area, and that is the next thing on my list.