Embark on a journey of private money lending in the dynamic landscape of Connecticut. Despite being the third smallest state in the U.S. by area, Connecticut stands as the 29th most populous and the fourth most densely populated state. Fueled by robust industries such as finance, insurance, and manufacturing, Connecticut has witnessed remarkable employment growth and a burgeoning population. Its strategic proximity to New York City and accessible transportation networks render it an immensely desirable residential and investment destination.

In 2016, Connecticut boasted a home flipping rate of 2.5%, with an average flipping gross profit of $92,100 and an impressive average gross return on investment (ROI) of 74.9%. Notably, Connecticut features one of the higher foreclosure rates in the U.S., presenting lucrative investment prospects. As of 2017, approximately 1 in every 1,286 housing units has faced foreclosure, further enhancing flipping opportunities.