Excellent advice listed above.

Excellent realtor with a strong business background.

I figured this would be a good opp for a low bid win.

You live in an excellent area for investing as I have personally done it in somerset and north brunswick quite a bit.It sounds like you are looking for capital gains in the appreciation of your property.  

It’s an excellent place to start, and can answer many of your questions.

It’s an excellent place to start, and can answer many of your questions.

@Rachel Pivonka I agree with the last statement of @Bryan Wesley, we sometimes quote higher if we are really busy in case we need to hire other short term workers or contract it out to another company if we win the bid.Good luck.

@David McLean  exactly   he would be proto type of what I would look for and make him rich.. at the same time make me an excellent returnthose who cash cheap money usually waste a ton of time and effort...

Either they really need it and will not give back down payments because they can't afford to, or they realize they've found a sucker and can't wait to cash in on your ignorance.I'd say chalk it up to a win, as you learned more about doing proper due diligence before signing the dotted line, and overall this lesson was extremely cheap compared to the price that others have paid when breaking into real estate.Best of luck in the future!

Or you can go a little North to Wilton that has excellent schools, or a little farther east to Westport, but Norwalk is by far the most affordable.