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All Forum Posts by: Andre Bertoncin

Andre Bertoncin has started 1 posts and replied 2 times.

Post: Buying my first home Denver. $100k saved

Andre Bertoncin
Pro Member
Posted
  • Posts 2
  • Votes 2

Thank you Jason! I agree 100k is is better than a lot of people start off with. And realistically i would only like to put 20k-50k down so i can have some cushion if i want to force appreciation with little renevations plus relocation costs. I am a little apprehensive on going into two properties right away. I havnt even spoke to a lender yet on what I qualify for. Id like to find something in the 400 or under range in a decent neighborhood. If i have to do some renovations thats fine. Again i am very new. And still trying to understand basics. Really id like to get my foot in the door with something pretty soon but i dont think before January is possible for me rn.

Post: Buying my first home Denver. $100k saved

Andre Bertoncin
Pro Member
Posted
  • Posts 2
  • Votes 2

Hi, im 34, married w/ 2 young children. My wife and i have 100k saved. We are currently renting in San Diego, CA. We are looking at Denver to start our real estate portfolio. My end goal is to have financial freedom in 10 years or less by bringing in $10k/month. Options ive looked at are the Burrrr method, house hacking with fha living in the property for a year doing small upgrades and forcing appreciation refinance then rent and repeat that every year until we reach our goal. I could really use some help or insite on the Denver area. Or what some of the more experienced investors on here would do with my current situation. And i really just want a base hit, i dont want to wait for a home run deal. Id like to get in the market and learn more as i go through experience. Apologies if i dont know what im talking about. Open to help and guidance. Thank you