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Updated about 7 years ago on . Most recent reply

User Stats

12
Posts
8
Votes
Michael Malkowski
  • Bridgeport, CT
8
Votes |
12
Posts

NewB looking to run through a wall and add value

Michael Malkowski
  • Bridgeport, CT
Posted
Hey BP, New to Real estate but have been on the fence for over a year now. Currently work a door to door marketing job and have compiled and extensive list of distressed or seemingly abandoned properties in my last 6 months (70+ addresses) wondering what my next steps should be. Would love to share this resource in exchange of seeing this process completed so that I may learn. Connecticut and eastern New York addresses. Look forward to hearing responses and building connections; just trying to make sure I'm not coming to the table empty handed. Michael.

Most Popular Reply

User Stats

160
Posts
73
Votes
Mario B.
  • Realtor
  • CT
73
Votes |
160
Posts
Mario B.
  • Realtor
  • CT
Replied

Welcome @Michael Malkowski you have the knowledge I wish I had!  Bridgeport is on my radar for investing, but not making any moves in 2018.  I would start paying down your home as quickly as possible so you can leverage your home equity credit line.  Properties are cheap enough in Bridgeport you can pay them cash with your equity line if it's large enough. Best of luck to you.     

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