Comments on: Denver Investment Strategies Workshop

By: Kristal Kraft, Denver Realtor

Kristal Kraft, Denver Realtor — Thu, 05 Mar 2009 04:23:39 +0000

Hi Gary, I have forwarded your question on to a lender who might be able to help.

The rules for income property have recently been changed, allowing investors to hold more properties.

The trouble is, the investor must also have enough cash in reserves for each property. This is where many are finding it hard to qualify.

Best wishes for you and your friend on this deal. It is too bad you must start over.
kk

By: Gary Brown

Gary Brown — Wed, 04 Mar 2009 16:35:16 +0000

2-4th 2009

Hi my name is Gary Brown. I have sold a house to my investor friend and he is looking for a loan. Are contract is to close in 30 days. He had a pre-qualify letter from Charles Schwab and they said they had changes and cannot get the loan done. The reason being he has 6 houses. One is his resident and 5 rentals. His credit score is over 740.
If you can help please send me an e-mail and I will send it to my buyer and he will contact you.

Thanks Gary Brown
303-668-3012
Gary-hawk@msn.com

By: Kristal Kraft, Denver Realtor

Kristal Kraft, Denver Realtor — Wed, 28 Jan 2009 21:22:19 +0000

Kristen ~ Thank you for your compliments, I appreciate the fact you take the time to tell me your thoughts!

As per a localized forum, that is really a good idea. Nothing quite comes close to the success of AR, but as you say, it isn’t local.

Maybe we should get MetroList to sponsor a forum. They need some extra work!

By: Kristen

Kristen — Wed, 28 Jan 2009 21:15:42 +0000

Hi Kristal,
As a fellow Realtor I have to say that I love your blog site and your activity on active rain. Do you know of any localized blogs for the Denver real estate market alone, a place similar to active rain but just specific for the Denver market? I’ve searched but only come up with a handful of Realtor’s personal blogs, such as yourself, but nothing comparable to the active rain forum. And if not, have you ever considered creating such a forum for local realtors to talk to other professionals about the local market? Thanks, and keep up the good work. You’re representing our profession well.