I own two single family homes as of right now; one we have rented out and one we live in, but will soon be renting it out as well.

Hi @David Eiges,First I must say: If you can qualify for an FHA loan which is only 3.5% down-payment, I think that would be a better product since you plan on using the property as your primary residence.

Listsource has a sister product called Real Quest, same company, that is better for looking up individual properties.

I am looking to purchase a small multifamily rental building in an area of Connecticut that has 85% of residential buildings being owned mostly by single families, and only 15% rental.

As of right now from slowly learning our market area we are looking for 3bd/2ba Single family with an ARV of about $450k-$600k needing moderate repairs.

At this point, I could afford a conventional loan on a single property.From everything I hear (podcats, books), full-time investors are doing most of their deals off-market. 

Do you find this for all your rentals or just single family homes?

Most of them are single family deals, but if you are ever interested in checking out some listings on the north shore or up into southern NH I would be happy to help.Best of luck on your journey to your first investment!

Hi, I am seeking to invest in my first, single or small multi-family property in a location that I would not be living in.

I've currently been preapproved for a single family only.