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Hartford Real Estate Forum

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Joshua Friscia
  • Wethersfield, CT
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Experience using a 203k loan

Joshua Friscia
  • Wethersfield, CT
Posted Mar 7 2018, 14:15

Hello Connecticut BiggerPockets Community!

I am just getting started on the journey to buying my first property/investment. I'd like to take advantage of a 203k loan to buy a 2-4 unit multifamily as a house hack so I can live in one unit and rent out the rest. I’m looking mainly in Wethersfield, Newington, and Glastonbury (though I’m not opposed to searching in Manchester, Windsor, or West Hartford as well). Does anyone have experience using a 203k loan to buy an investment property in the area? Is it worth the extra paperwork/hassle or would a conventional loan be a better option?

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