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Updated over 5 years ago,
The First two deals
We are looking to get started in real state. We live in Fort Collins and are thinking the following:
1- take advantage of 1st time home buyers and use the 3.5% down payment option on a property under $250k between Denver and Fort Collins. This would be our primary residence.
2- use the rest of the money we would have left from our savings to buy an investment property in Florida.
Depending on the property cost in Florida, we may need a partner or a hard money loan.
We'd like to BRRRR preferably. We are keen on a cash flowing deal.
What do you recommend?