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Updated 16 days ago, 12/19/2024
New Again Investor in Hartford
Hi all!
New-ish investor looking to build a rental portfolio in the Hartford, CT area. Currently scheduled to close on my first triplex next month and excited to connect with other RE professionals in the area to help me along. I have a background in wholesaling and flipping from my days working for a HomeVestors franchise in Philadelphia (2007-2011). I'm interested in learning more about owner financed deals, utilizing HELOC's, and the ongoing demands and requirements of being a good landlord/property owner. Thanks!
Jeremy
Hey Jeremy - congrats on closing on your first triplex! I was actually born in Hartford - would love to know how the market is over there!
@Jeremy H Barton - I'm an investor, flipper, and property management owner. I have down an owner financed deal in 2024 and still actively use a HELOC in support of my flipping. We have great investor meetups throughout the state. I'd love to connect and see how I can help.
DM me if interested.
Quote from @Savannah Holzer:
Hey Jeremy - congrats on closing on your first triplex! I was actually born in Hartford - would love to know how the market is over there!
Hi Savannah,
Still trying to get a grasp on the market in Hartford myself. I've been researching and viewing properties throughout the South end area and a little bit on the North end. Rents have increased significantly but so have housing prices. Trying to balance proper due diligence against my desire to just acquire a bunch of mediocre units!
Welcome @Jeremy H Barton ! I am sure working for the Home Vestors Franchise gave you a lot of tools/skills on getting undervalued properties. Best of luck on your continued journey, HELOCS can be a great tool to utilize untapped equity in a house. It is much easier to find HELOCS for your primary residence, but some lenders will do a HELOC on a investment property as well