All Forum Posts by: Bryan Dorsey

My partner and I are considering converting our traditional IRAs to self-directed IRAs to help fund our real estate ventures moving forward. Anybody in CT have experience with this, or know of any good attorneys or CPAs that could provide guidance on the process and what the potential benefits will be?

Thanks.

@Chris Puglisi primarily looking in Wallingford, Cheshire, Milford and Shelton as those are the areas that I know the best, but open to most places in New Haven county.

@Michael Noto properties don't have to be rent ready, we are willing to have work done and don't necessarily need conventional financing.  

Currently looking for a buy and hold in CT, but would prefer to stay out of the cities (Waterbury, Hartford, New Haven, Bridgeport etc.) is the 2% rule realistic outside of those areas? I know it is just a rule of thumb, but looking for our first property we are trying to stay conservative and are having trouble finding something that even approaches the 2% rule outside of the cities.