hello everyone my name is winston I'm interested in a buy and hold investment I live in new York but is granted to Bridgeport ct my credit is fair but growing...what the bets way to start and dose anyone now about ct I had a property in new York year ago but failed looking to regain my confidence and get it right from this point on any su

I chose lapeer because it is centrally located between my 3 young adult children.The town seems to be growing in some ways because they are constantly adding new restaurants and retail stores.

One thing I've come to know is, you can never stop learning and the more you continue to grow, the further you will go.  

I have several contacts from other wholesalers, investors and lenders. my contact info is on my profile. please be a part of my network. we are all here to grow and have bigger pockets.Roel Lopez

I believe that as you grow and become larger it will be easier to find these types of lenders but I am having difficulty.

dunno what your market dictates or the neighborhood the property is in.Now for the financing...130k Purchase Price20% Down = $26000Rate 5%Term 30 yr fixedPMT = $558NOI(Monthly) - Debt Service = $142 Cashflow ($1704 Annually)CoC = $1704 / $26000 = 6.5%If you would invest $26,000 to buy 56k in equity and  increase your income by $142/month and also grow your net worth a few thousand a year thereafter...  

I also wouldn't mind maybe meeting a few new clients too as I try expanding and growing in both aspects.  

@Ryan Clark  Like your drive, but 1st you have to grow up.

That company has been one of the Fastest 50 Growing Companies in the state for years. 

I will eventually start looking more towards Orlando and other outlying areas as my knowledge of RE grows!