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Updated almost 7 years ago, 03/29/2018
New to Colorado and R/E Investing
Hello,
I am new to the Bigger Pockets Forums and to Colorado, I am looking to buy my first home (cash). My goal is to buy an undervalued piece of property, fix it up, live in it and use the equity I put into it to continue investing in R/E. I am not planning to buy a 100 homes a year, just to methodically buy (cash) and sell houses using equity and my savings.
The reason I am using cash is because I am not working anymore...I have been working 10 to 12 hrs a day 6 to 7 days a week for the past 4 years. I managed to save a few dollars during that time.
I am open to any comments or advice as to my plan for investing in R/E.
Thank you,
Greg