Investment Info:

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.

@Jon Russo This sounds like an amazing first deal. i am an investor in new britain. i have three properties there now. my first one i bought on wilcox street for 140k. it’s a two family with 6 beds. sounds like you made a great investment. let me know if you have any questions or anything. i am always happy to help!

@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.