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Updated almost 9 years ago, 03/09/2016
New Member from Colorado
Hello Bigger Pockets Community,
My name is Jeremy and I live in Colorado a currently booming housing market. Is this sustainable did i miss the boat on investment opportunities? I am not sure, but I am interested in buying and holding investment properties for long periods of time as rentals. I see all the time in this community that people are able to get houses without spending large sums of their own money. I am trying to educate myself as best as I can to make a smart decision on an investment property and find investors or hard money lenders to help me achieve my goals. If anything in this post is like a red flag red alert to you please speak out I am here for knowledge! :) Some key things I am looking for are if I have an investor whether its family or hard money investor what sort of repayment plan should i be looking for? I don't want to screw over family and want them to know I mean business. Of the people that don't use their money and get investors what sort of return are you able to get after repaying your investors?
Thank you,
Jeremy