Looking for my first flip!
Hi BiggerPockets CT Community.
I recently moved from Rhode Island to work at a company in Trumbull CT. I own 2 rental properties in RI with OK returns but the time it takes to recoup the down payment for rentals is just so long and I want to grow faster. I have been really looking into flipping near where I work so that I can check on it easily.
Looking at the different ways to recoup investment and grow faster, I think flipping is the right strategy. I am currently pretty tight with cash on hand but I was surprised I could pull in investors and could possibly put together 100k. Could someone suggest me some loan officers that could work with me on flips?
Also, in your opinion, what is the type of product most popular in near the Trumbull area?
Thanks for any feedback!