Auraria (Denver, CO)
By John Marshall - FORE!, Specializing in Golf Course Properties
(LoKation Real Estate)
The Metropolitan Grill on MSU Denver's Campus opens for business! Metropolitan State University of Denver is really stepping it up with their hospitality program, competing with the likes of UNLV, and if their new on campus grill is an indication of what the rest of the program is like, it should be very tasty indeed. The Metropolitan Grill is part of the Hospitality Tourism and Events program and is 100% run by students. It is only open M-Th during lunchtime, but has very good food and is very affordable. If you find yourself near the campus during lunch and need to find a great restaurant without the lines you might typically find downtown, do yourself a favor and check this place out. I had the crab cake sliders which were served on toasted buns and topped with Cajun Aioli and they w...
Comments 3
By The Richards Group, JD, ABR, GREEN, SFR, Denver CO Home & Real Estate
(CCP, LLC - Denver CO Home & Real Estate)
Featured Neighborhood: Auraria Home & Real Estate For Sale Auraria Home Search Denver CO Home Search Metro Denver CO Home Search When you are ready to look at homes (or have one to sell) in Auraria of Denver CO give me a call. I would love the opportunity to earn your business! Mark at 303.204.8949. View Auraria Neighborhood in Denver CO in a larger map _________ Copyright 2011 All Rights Reserved, "Denver CO Home Update - Featured Neighborhood: Auraria Home & Real Estate For Sale"_________
Comments 0
By Nancy Armstrong
(Your Castle Real Estate)
 Topic:  Special considerations for Investor loans The talk around the water cooler these days is all about LOANS. Who can get them? At what price? What if I already have a few loans, do I still qualify?  A year or two ago the question was at what price do I get a loan (those were the days!).  Today it is "am I still in the game?"     Here's the deal:  if you have an owner occupied loan and 3 investor loans you cannot buy any more properties and get Fannie Mae / Freddie Mac financing, meaning you can't get a conventional 30-year fixed loan. Now, my hope is that someone reads this and tells me I'm wrong. That would be great!  But as far as I know that is the case.    Where does this leave you?  You can pursue loans that are warehoused by lenders, meaning they are not sold on the backend ...
Comments 0
By Nancy Armstrong
(Your Castle Real Estate)
Colorado Mortgage Broker Licensing In response to the troubled national real estate market and Colorado’s high volume of home foreclosures, efforts have increased to make higher caliber professionals involved in real estate. Licensing, rules and regulations have become more stringent for agents, appraisers, title companies and mortgage brokers.  In regards to mortgage brokers, the below items are mandatory.  No longer can someone open up the Yellow Pages, claim to be a mortgage broker and then be compensated for placing a loan --- what a novel concept.  Before committing to a mortgage broker, please make sure that they are licensed in Colorado by searching for them on the following link:  http://eservices.psiexams.com/crec/search.jsp•    LicensingAll mortgage brokers conducting business...
Comments 0
By Nancy Armstrong
(Your Castle Real Estate)
Investing in Real Estate 9 – Scrapes, Pops and New ConstructionThis blog will discuss a type of real estate investment, scrapes, pops and new construction, in the Auraria area in Denver.What this investment is:  Purchasing a small home in an expensive neighborhood that may or may not need work.  The home is bulldozed and a new home or duplex is put on the lot.  Alternatively, the existing home is renovated and more square footage is added on.  A pop-top is adding a second story to an existing home to add more square footage (commonly, a master bedroom suite).Equity needed:  Being able to document your income and your assets will be critical.  For a commercial loan, your net worth should generally be at least as much as the loan you are seeking.  The good news is that the commercial loan...
Comments 0
By Nancy Armstrong
(Your Castle Real Estate)
Investing in Real Estate 8 – Condo ConversionsThis blog will discuss a type of real estate investment, fix and flips, in the Auraria area in Denver.What this investment is:  A synthesis of the fix and flip and rental operations - purchasing an apartment building in a neighborhood dominated by owner occupants, then converting the building from apartment building to condominium.  Often requires renovation of the units to meet the expectations of owner-occupant buyers in that area.  Complex and time consuming, but has wonderful tax advantages compares to fix and flips and often has superior returns to all other asset classes.  Ideally suited for the sophisticated investor with extensive experience. Equity needed:  Being able to document your income and your assets will be critical.  For a ...
Comments 0
By Nancy Armstrong
(Your Castle Real Estate)
Investing in Real Estate 7 – Fix and FlipsThis blog will discuss a type of real estate investment, fix and flips, in the Auraria area in Denver.What this investment is:  Purchasing a home that needs work.  The scope can range from the basic "paint and carpet" to extensive overhauls to scraping a decrepit property and completely starting over.  Usually does not involve tenants, and the objective is to get in and out of the property as quickly as possible.  Great for beginners with the right skill sets or the willingness to learn.Equity needed:  With hard money loans (defined in next paragraph), potentially 0% and they’ll finance the construction costs, too.  Expect a LOT of strings to be attached.  A small local lender might give you 75% of the purchase price and the renovation budget, a...
Comments 0
Denver, CO Real Estate Professionals