Looking for 50-unit troubled asset/properties in the DC, MD, VA area. Any suggestions?

In Buying Property - Asked by Diana N. - Mar 5, 2017
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Answer(s)

Deb R.
Owner/Investor
Fort Washington, PA

No. Two unit duplex. Live on one side. Rent the other

Mar 6, 2017
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Sina S.
Broker/Agent
NOCITY, VA

Hi Deb. Honestly, so is everyone else looking at commercial in the DMV. If you're looking inside the beltway, you have to drive around. Once you find a property, lookup the owner and try to get in touch with them. At that size, and in this area & time, you're looking at squashed cap rates even for a distressed property. You may want to look down south near Richmond or up towards Baltimore for better returns.

Mar 8, 2017
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