Monthly Mortgage Report

Understanding the relevance of mortgage markets before buying a home in Colorado.

"You can't truly understand something until it happens to you. The meaning of life is discovered in the experience." That is a quote by an unknown person that a friend once sent me. That is something that my wife and I live by, and something that we try hard to provide to our children. Experiences. One of the questions I get from clients, almost daily, is about buying rental properties. I usually walk people through the guidelines; we talk about the upsides and the downsides, the potential risk, and the potential reward. Investment properties can be nice, but most of the time, they are not adding much to the "life experiences" category, unless just being a landlord floats your boat. And that's where the second home conversation usually starts. What if you could still own an income property, but you could also use that income property for your own personal use, creating lifelong memories with family and friends - introducing the second home option!

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