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Updated about 6 years ago on . Most recent reply

User Stats

27
Posts
12
Votes
Mark Bascetta
  • Rental Property Investor
  • New Britain, CT
12
Votes |
27
Posts

Investing in Florida Rentals from CT.

Mark Bascetta
  • Rental Property Investor
  • New Britain, CT
Posted

I have a question about out of state financing and if I should invest in state or out. I am currently a career firefighter in CT and will retire to FL in approximately 20years as I hate the cold even though I grew up in CT. I'm preparing myself financially to start investing in multi family and am debating if it would be better to buy in CT or just buy in FL and get a property manager? It seems FL economy is doing a lot better than CT...Is out of state financing the same as in State? Aside from getting an FHA...Conventional is it possible as I live in CT. Loaded with questions! Thank you guys in advance!

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