Multi- Family In Colorado

[Derek Perez]

Multi- Family buy and hold is the model that most interest me. It’s what I’ve done the most studying and research in. However when I speak to local brokers, bankers, and general investors, there is little to no knowledge or interest in the field. I’ve even been told that multi family doesn’t work in Colorado for various different reasons. I’m from a smaller town (Greeley) in Northern Colorado and although there are several larger and smaller multifamily properties there doesn’t seem to be a major player. Does anyone in the BP community have a lot of knowledge or know of someone who has had success in the Multi-Family space in the Colorado market ?

[Mark Leavitt]

Hi Derek,

I am actually working on buying a multi family in Greeley right now. And are you trying to buy a multi family, with an fha and live in it? Or are you buying them up as investment properties. Ie using a conventional loan? (Keep in mind most lenders and brokers do not use the term house hacking) 

Anyway I could tell you about an agent I know in Greeley that would understand what you are looking for. And there are lots of lenders on here I have talked to that I would recommend. Contact Chris Lopez at Your Castle in Denver as well! He is on bp too.