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Updated about 3 years ago,
House Hacking in DMV Area
Hi all,
Been trying to get into the real estate game for a while. Really trying to find the best strategy while living in a very expensive market (I.e. Washington D.C.). Based on my research and the advice of others, it seems like the first good move is house hacking.
Struggling to find a good property in Arlington, Alexandria, or D.C. just because of how expensive they are. Doesn’t seem like I will be able to break even let alone make any sort of cash flow.
Started considering buying a place with 1 or 2 bedrooms and adding a bedroom and/or bathroom. Can this be done with condos or townhouses? Is it worth it or should I reconsider the location?
Any advice would be much appreciated. Thanks!
- Gregg Logan Karanovich