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Updated about 1 year ago,
New Investor Questions
Hello, I'd like to invest in a small single family (3-4br) in Colorado to get my feet wet in real estate. My brother works at Breckenridge and has plenty of friends who do the same. They lived in a 6 bedroom prior. I was thinking I could buy a smaller home and have them rent it from me.
Questions below:
Any ideas on best places to look (website / brokers / etc)?
Should I find something that I could renovate / add value?
Where could I find the best deals, might they be off market?
I plan on using a personal loan from the bank to fund it. Is that a good idea or should save more cash / use another funding option?