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Updated over 6 years ago on . Most recent reply

User Stats

33
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Kevin Taylor
  • Rental Property Investor
  • Derwood, MD
23
Votes |
33
Posts

Military Investor Moving to Frederick MD

Kevin Taylor
  • Rental Property Investor
  • Derwood, MD
Posted

Good Afternoon everyone,

I will be PCSing to MD this fall and I will be working at Camp David and the D.C. area. I am looking at the Frederick area because it is in between the two. I've been researching the market there for quite awhile and it seems to be growning. I found that multifamilies (which I am interested in investing in) are hard to come by in that area (although I have only been looking at online sources). Would I need to change my multifamily investing strategy when I move to single families or are the deals out there and I just can't find them? 

I am also wanting to get in touch with realtors in the area that can help me find some deals. I currently own a 4 plex in Killeen TX that I house hack. I used my VA loan and I am interested in using the remainder of my VA loan when I move. I would like to find a property to house hack if that is possible.

Thank you for any advise you can give me.

- Kevin  

Most Popular Reply

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17,446
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30,121
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,121
Votes |
17,446
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Multifamilies are very rare in the entire region.  While it is possible to acquire one, you will need to be very aggressive as with low supply comes high demand.

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