All Forum Posts by: Kyle McGeough

@Tim Emery Yes, I am working with my aunt who is an agent. She lives in Denver, and she will kick back the 2.8% fee which will be nice. 

@Travis Sperr Thank you for your advice. I am open t many different areas, as I know my money will go farther outside of the Denver metro area. I am looking at this strictly as an investment, meaning I am not planning on this to be my "home". I guess you could look at it as myself being Tenant #1, with the thought that the monthly costs will replace my current rent, and during the time I live there I will be able to complete any rehab work. 

Hello all, I am looking to invest in the Denver area. My lease is ending in a few months, so I am looking in to buying a property with the thought of living in it for 1-2 years and then starting to rent it out. I am pre-approved for a $580,000 loan, but financially I am more comfortable with something around $450,000 or less. I am open to different options (condo/townhomes/single-family), but I am trying to find a place that does not have crazy high HOA fees ($400+). My goal is to enter the market and start learning the intricacies of owning a property before I eventually purchase more and start renting them out. Any advice would be greatly appreciated.