Small multi-family (2-4 units) buy & hold investment in New Britain.
Purchase price: $103,000
Cash invested: $6,750
This was my first experience with real estate investing. It is a two family home with a four car garage located in New Britain, CT. I chose the route of FHA financing and utilized the first time home buyer loan option.
@Ryan Deasy Thanks for the support! Let me know if you’re ever around CT and want to grab lunch and talk rentals. Stay in touch and happy investing!
@Jon Russo To get a regular FHA loan on a property with a $103k purchase price is definitely a good find in this area. Best of luck to you on your first purchase.
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