All Forum Posts by: Zac Newell

Sounds like an awesome deal @Travis Limbocker.  Congrats

@Bryan Taggart buying that first place is still a move in the right direction.  You're at least in the game now and you may not have any cashflow but you'll have mortgage paydown and hopefully some appreciation.  Save up another down payment, keep networking, buy another primary and convert your current place into a rental.  Rinse and repeat. You're headed in the right direction.  It's a slow game for most of us but if you keep making good decisions you'll wake up in 5 or 10 years and have a lot more options.

Sounds obvious but for most people that are scared to get into the game the best first step is to just buy a primary residence and take advantage of the low downpayment and rates available to owner occupants.  House hack if you can but even if you're just buying a place to live you might as well own it.  Thats my .02 anyway.  Just buying a place to live will give you a lot more confidence buying property.

Welcome to BP @Austin Shulman.  My sister is a 25 year old teacher in the Denver area.

I like what @James Carlson said.  I bought my first primary residence in Denver at 23 years old and rented rooms to my friends.  I was on a tiny paycheck at the time but that was probably the best financial decision I've ever made and is still paying me today.  Buying your own residence allows you to take advantage of some great financing requiring low downpayents.  For future prospects you really can't beat Denver these days.

Happy to chat and discuss your situation and see if there's anything I can do to help.  Send me a Private Message if you're interested.

If It's a good deal I would suggest finding a partner with experience to help you take it down.

Five Points is great, RiNo is great, Wash Park, Highlands... 

These days there are so many great neighborhoods in Denver.  It's hard to pick the best one!

Hey Mateo.  Welcome to BP!

I bought my first house in Denver when I was about your age.  It's been a great investment.  

Do you have some savings for a down payment?  You might look at investing in Denver and doing a house hack so that you can take advantage of owner occupied financing.  If you invest out of state you will be looking at putting 20-25% down or getting creative.  With owner occupied financing of 3.5-5% down you can afford much more house for your investment.

Congratulations Adam!  Looks like a pretty solid house hack!

Welcome to BP Zack!  Cool name and a great city in Denver.

Welcome to BP!  For the UK market check out the property hub. 
propertyhub

They have a podcast based in the UK.

Congrats!  Westminster is a good area.  Great prospects with all the work going into the old Westminster Mall area.  I've got one just down the street that I used as my first househack.

Nice Work @Kendra Levy