Real Estate Investing Forums

First multifamily in Western CT—worth moving forward or better to wait?
General Real Estate Investing
Bridgeport, Connecticut
First multifamily in Western CT—worth moving forward or better to wait?

My wife and I are looking at our first multifamily investment in Western Connecticut and would appreciate some experienced investors’ opinions. Here are the numbers: ● Purchase price: $400,000 for three units. ● Layout: Each apartment is a 2-bed, 1-bath with a balcony. ● Projected rent after reno...

Poll
Stuck In A Maze
Starting Out
Bridgeport, Connecticut
Stuck In A Maze

I purchased a 2-unit home in 2006 for $150,000, lived in one unit and rented the other until I purchased a coop for my personal residence. The Zillow Zestimate is now close to $500k and I would like to take out equity without losing my very low interest rate. I’ve inherited a property in NC that ...

Bought a triplex for $275K in 2018. A buyer today loses $1,200/mo on the same bldg
General Real Estate Investing
Bridgeport, Connecticut
Bought a triplex for $275K in 2018. A buyer today loses $1,200/mo on the same bldg

I ran my own building through today's numbers last week, and I wouldn't be able to buy it. Bridgeport, CT, 2018. $275,000, VA loan, $0 down, about $15,850 out of pocket after paint and appliances. I moved into one unit and rented the other two. For anyone outside the Northeast, Bridgeport sits on...

Built a tool that compares 5 financing options on the same deal - need feedback
Real Estate Deal Analysis & Advice
Bridgeport, Connecticut
Built a tool that compares 5 financing options on the same deal - need feedback

I'm Anthony from Fairfield County, CT. By trade, I work in commercial and residential architecture and invest in residential real estate on the side. Years ago, I built a spreadsheet to analyze my own deals. I used it on my own house hack and eventually started using it for friends, contractors, ...