All Forum Posts by: Chelsey Hamill

Thank you for the replies! And for the record I don't want anyone to think they are crushing my spirit. I am not going into this completely blind, I understand that the market in Denver is pricey. I do my research, read every day, listen to podcasts and videos, so I have a notion of what I will be getting myself into.

I also didn't mention that a rental isn't a must-have, at least not right off that bat. I could always rent an apartment until I figure things out a bit more. But it would be a great financial relief to at least have a duplex to cover a mortgage.

Originally I wanted to research more about wholesaling and flipping, and so on. Again I'm keeping an open mind. But I figured, why not figure out how I could buy a house and essentially live in it for free. 

Please keep the advice coming. Tell me about different brokers, books, meetings. Anything! 

Hello Denver!

My boyfriend and I are planning on moving out to Colorado by this coming September, and we are pretty set on Denver. I have so many questions, so if you can help with any of them, it would be of tremendous help!

We will eventually visit before moving out there, just so we can get the feel of the city and find somewhere to live. Ideally I would want to purchase a multifamily, if we can qualify for a loan. Obviously 4 units or smaller, because I know prices are way higher in CO than they are here in West Virginia. So here goes!

-Where is a good place to reside in Denver? I am talking about desired neighborhoods that renters look for.. But more importantly for myself and my boyfriend, because we would be living in the unit too! We wouldn't want to be in the center of the city, but we can keep an open mind to different settings.

-How difficult is it to qualify for a multifamily FHA/VA loan where buyers occupy a unit and put as little as 3.5% down.. We are both servers (and will be until we search for other jobs). He is military as well. I'm unsure of any obstacles we may face when applying for a loan.

-I'm looking for the start of my eventual career in real estate, so I could use some pointers. I haven't made any investments yet, and have also been considering a job as a realtor to help build my savings.

I appreciate your help in advance,

Cheers!

Yes @Brandon McCombs, Metro sure does own everything.. I've always been interested in Fairmont because real estate seems to be far more inexpensive down there. And thanks for the offer, I'm sure you'll be hearing from me if I get into rentals!

I'd love to hear about some success/experiences in the Morgantown, WV area (or close by). It's always nice to hear about the good things going on in your own neighborhood. It'll be a good boost of moral for a newbie (:

New from the Morgantown area! Feel free to contact me.