The times they are a changing.......  LOANS

You cannot have more than one FHA loan now.  Used to be good for buying rental properties, but harder to get now.  Call me if you have any questions.

PMI or Private mortgage insurance has gone up dramatically recently.  Not only to they get bailed out, they are charging us to bail them out again.  ugh..... congress who mandated the looser qualifying guidelines and those who lent the money.  By the way mortage insuance is now tax deductible like your interest.

Probably the best thing to do if you are not putting 20% down is to do a first mortgage  and a second mortgage.  This usually requires 10% down.

FHA loans go up to $368,000 now in Arapahoe County and you can put down as little as 3.5% . These are pretty good loans now.

There still is good money out there to purchase residential and investment properties. Now is the time.  Denver is picking up.