branford connecticut?

Look for bad houses in good areas. Particularly ones that are overgrown or otherwise obviously not lived in and have been for sale (by owner) for a while. If you find one with a sign that's faded and in need of yardwork you probably have found the right property. Do some careful research of the potential value, then make an offer as low as you have the nerve to go. Sometimes just a good downpayment will buy you the house because the owner may need quick case. Pay for the title insurance and have all your paperwork done by a lawyer (real estate attorney). Other than that try to finance as much of the value as possible. Than work your butt off to make the property more valuable, go to a bank and refinance, pay off the owner and use the difference as a downpayment on another place. If you can't rent the property and still put money in your pocket, sell it and use your profit to move on to bigger and better things.I don't know about Branford, but I used to live near Vernon and I know of a guy who bought some run down properties and has made them into apartments and has made a fortune off of them.