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Updated over 5 years ago on . Most recent reply

User Stats

5
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2
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Jendry Brito
  • Fort Collins, CO
2
Votes |
5
Posts

The First two deals

Jendry Brito
  • Fort Collins, CO
Posted

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?

Most Popular Reply

User Stats

5
Posts
2
Votes
Jendry Brito
  • Fort Collins, CO
2
Votes |
5
Posts
Jendry Brito
  • Fort Collins, CO
Replied

@Joaquin Camarasa

Thank you for your response. What time frame do you think it’s prudent for the #2 choice?

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