New investor from Connecticut

[Steve Joseph]

hey everyone my name is steve Joseph from norwalk ct. I'm new to bigger pockets and real estate. I haven't purchased my first rental property yet but I plan to soon. I'm really interested in sub 30k homes and was wondering if anyone with experience can kind of guide me in the right direction. I'm want to pay cash for the property and I'm willing to go out of my market. I would really appreciate any kind of advice.

[Kevin Siedlecki]

@Steve Joseph

I agree with @Dan Leyden on this. Properties that cheap pretty much anywhere in CT are going to be in bad shape in bad neighborhoods. Not idea for your first investment. If you have that much in cash, you could find something under $100k and finance it. There could still be a lot of money to be made on those kind of properties. You might event think about partnering with someone to find something more stable with that first investment before you go into risky territory.