Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

6
Posts
5
Votes
Mark Singleton
  • Louisville, Ky
5
Votes |
6
Posts

Looking to Move to Denver-considering options for how to do it...

Mark Singleton
  • Louisville, Ky
Posted

Hello! My wife and I are looking to move to Denver in the next couple of years. Being motivated by Brandon Turner moving to Hawaii, we want to live somewhere beautiful with mountains. We'd live there for 1-2 years and then move back to our hometown but want to keep a place in Colorado. We own a couple long term rentals in our hometown. I know RE in Denver is really high. Our biggest question marks are financing. Here are options we are weighing with how to do it:

1. Buying a home with an FHA loan (3.5% down). And then after 1-2 years, moving out and renting it as an airbnb. I don't know if this can work. That's why I'm asking.

2. Buying a property with a couple units on it that we can rent out to offset the mortgage. And then renting our unit out after we leave CO. 

3. Renting a place. We don't want to do this not only because we enjoy owning but we'd like to buy in a more expensive market like CO so we can get some of that appreciation. 

4. Buying a regular home in a low income community with a conventional mortgage and trying to turn it into a short term rental after we leave. 

I need some help from some Colorado people. I'm from KY and have no idea how I can do this. 

Loading replies...