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All Forum Posts by: Braxton Parr

Braxton Parr has started 1 posts and replied 1 times.

Buying & Selling Real Estate

Post: Buying first home in CT, but as a rental property. Smart move?

Braxton ParrPosted
  • Posts 1
  • Votes 0

Hello! My name is Braxton. I'm currently looking to buy my first home in Connecticut. I currently live in the DC, Maryland and Virginia area, but it is way too expensive out here. On top of that, I have about 8 months left on my lease.

In order to make some income on the side, I wanted to buy a home in the New Haven, CT area no more than 325K — and primarily market to college students. My biggest concern is I'm wondering how this will affect my down payment since I wouldn't be actually living in the home.

Would love to connect with anybody that knows the CT market or overall has solid real estate experience. 

0 Votes