All Forum Posts by: Dan Guenther

@Ruben Helo - I've got a few lenders that can help out on this situation. Shoot me a text if you haven't already lined up a solution yet. 

@James Heiberg - Welcome to the community! 

Cash flow is hard to find these days but it does exist and deals are closing every day in Denver :) 

It's going to depend on your risk tolerance and life situation in general but if you are willing to think outside of the box, then you will definitely be able to make your start in the investing world. Reach out if you want to talk more about investing in the Denver and Northern CO markets.

@Andrew Schnell - Fellow CO agent/investor here! Let's get together sometime soon and talk more about the Boulder market. 

@Andrew Postell - send me a DM and I'll share a few contacts with you. 

@Lisa R. here's the link to my Meetup on the events page here. 

https://www.biggerpockets.com/forums/521/topics/1169343-boul...

Whether you're a first-time investor, curious about real estate and building wealth, a seasoned investor, or just looking to meet some really great people, come join us in Longmont! All are welcome at this monthly meet up, where like-minded people will get together and enjoy good conversation, drinks, and food. This is a great opportunity to share knowledge and network with investors in Boulder County and the surrounding area.

https://www.meetup.com/boulder-county-real-estate-investors-...

@Lisa R. - Thank you! 

I sent you a DM here on BP with my number for quicker communication. Talk soon :)

@Lisa R. - Welcome to the BP community! I see were both in the Noco regions, you should definitely swing down to Longmont for one of my monthly meetups ;)

Based on your criteria, you are in a great place to make your first investment. Is there a specific reason why your are aiming for the $260K range? Assuming you have about $52,000 for a down payment, you could potentially increase your purchase power using a 10% down investment loan product. I work closely with a few lenders who I've done 10% on strictly investment properties. 

Another option is creative finance, either subject to or selling financing. If you haven't heard of these strategies, I'd suggest browsing the forums here and spending some time on YouTube. Last week I closed on a seller finance deal in Longmont CO. This was a half duplex property and we were able to put 20% down with a 4.5% interest rate on a $480,000 property. Our monthly payment is around $1800/month with rents around $2400/month. This same deal funded through traditional lending would bring your monthly payment up to about $3200/month. Creative finance is powerful but the deals are not as easy to come by! 

Let me know if you want to talk more! I'd be happy to connect you with other investor friends up North.

Hey @Kimberly Trenchard - welcome to the community! 

Let me know if you have market specific questions on the MTR space. The plays can vary quite a bit from Denver up to Ft. Collins, but both markets have potential for great returns! I'll send you a DM and see if I can provide you with some value :)

Hey @AdriAnn Rode - welcome to the community! I see you're also in the Boulder County area, we should definitely connect soon. I'm an investor/investor friendly agent based out of Longmont and always looking to add reputable PM's to my team. Also, I host a monthly REI Meetup in Longmont. If you are in the area you should come by and meet some local investors!

Connection DM sent :)