While it may be a blip on the radar for Colorado Springs, I would say this is a great things for us multi-family investors, particularly those on the southwest side of town.

You should always discuss your particular tax situation with your tax advisor.

Also, looking for great books to read on the topic of real estate investing, particularly in the areas of deal finding and raising capital, would love recommendations.  

This particular part of Brewerytown/Strawberry mansion is rapidly appreciating as the inventory due south is running scare.

We are particularly interested in cashflowing multifamily properties where a member of the group could live so that we can take advantage of as many first time homeowner perks as possible.My main question is: How should we get started?

I would be surprised if those properties that cash flow nicely don’t exist particularly in more populated areas.

I know that the market is unpredictable and particularly volatile now.

I would keep this one for yourself in this particular case.

It's going through a lot of changes, and I know good things as far as development and desirability are on the horizon, particularly with what the Marchuska brothers have been up to.

Particularly the 4.125% interest rate on $174,000 for 27 years and how $1,584 comes into play;Scenario:Down payment amount required 20,000. 4.125% interest rate, $1,584 monthly total and 27 years finance of $194,000.Also, when doing a seller financed deal, is the price of the property negotiable or is it what the seller says it is since it is through seller financing?