Buy and Hold Newbie from Colorado Springs, Colorado

[Julie Sisnroy]

My name is Julie and I found this site by looking up real estate investing. I read the free ebook, and I am interested in learning more. I feel like I have so much to learn and am not sure where to start! I figured an introduction is a good place to begin.

I currently have two rental properties. I lived in both homes before I rented them out. So, I do have some experience being a landlord and getting a property rented.

What I don't know is how to a)find good rental properties b)do this with little to no money down. Since my money is tied up in the two rentals, I really don't have a whole lot of money for a down payment. Is it possible?

I would like to start small, preferably with renters already in the home. I am also open to Pueblo, CO since the houses are much cheaper down there. However, I am not as familiar with that city. Any help I can get is much appreciated!!

[Erik Palmquist]

@Joe Fairless The homepath 5% is an increase for owner occupied from the 3% it used to be. The investor down payment is still 10%

@Julie Sisnroy Welcome to BP. I would recommend homepath as well. I went the homepath route myself and it was a great way to go. Not only do they let investors put 10% down, there is no PMI at all.