Looking to Invest in Connecticut

[Jamila Thompson]

Hello everyone, 

I am 23 years old. I graduated as a civil engineer last year, but I am currently in graduate school. I would like to use at least 25K-30K for an investment property. My credit score is 790. 

I see a lot of nice townhomes in CT between $200,000-300,000. Are they a good start for those looking to build a rental portfolio?

Also, what areas of CT would you recommend looking into? I have mainly been looking along the metro north new haven line, but I would love to hear some recommendations. thank you

[Account Closed]

House-hacking with an FHA loan is your best bet! With 3.5% as a downpayment it gives you options.

You can also finance the rehab work into an FHA 203k loan. I would target 2-4 units as stated above.