Any Creative Thoughts?
Hi,
Two scenarios, any creative comments would be much appreciated!! I really want to buy a home asap...
1) I figure out how to buy a home to live in with 700 credit, 0 money down, a job for 6 months...maybe an assumption? subject 2? can I even do that anymore in Colorado?
2) Sell one of my investment props, get 30k, 700 credit, a job for 6 months...any ideas?
I am getting a stomach ache renting an apartment in this market in Denver, 3.5% interest rates, very strong rental market, long-term appreciation slow and steady...
Thanks for any comments,
Rob
I feel your pain Rob. We need to know more information. Like how much is your investment property worth? How much are homes selling for for your price range?
How much upfront money do you have to put down?[ Edited by JackS on Date 05/11/2013 ]
Robert,
It has been a couple of years since your post. Did you buy a house?? Did you buy several in the last 2+ years?? Let us know.
I am curious to know if you found someone in a bad position and helped them out of it by buying their home. Also, are you in your local REI group. I am in two in San Antonio. I am going to join another. You get so much info and networking here that it is incredible. Again, let us know.
[addsig]