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Updated almost 7 years ago on . Most recent reply

User Stats

180
Posts
166
Votes
Terre B.
  • Aurora, Co
166
Votes |
180
Posts

Done with working for someone else, need to invest.

Terre B.
  • Aurora, Co
Posted

Hello. New to this site, I found this when I was googling "buy a 4-plex with an FHA loan." That pretty much states where I'm at. I've owned homes, managed rental property, made mistakes along the way, but IMO you get nowhere unless you own real estate. I have a disabled husband, and no retirement, so I need a plan for some passive income, in case something happens to me.

I'm in Denver, but I can't invest in Denver.  I can't afford to LIVE in this town.  So I've been looking around, and I'm thinking 4plex in Phoenix.  Some look like they can cash flow enough to compensate for me living in one.  

I'd love to meet a realtor who is familiar with this market, as well as info on using an FHA loan to do so. I

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