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Updated almost 6 years ago,

User Stats

36
Posts
8
Votes
Ben Payano
  • Investor
  • Baltimore, MD
8
Votes |
36
Posts

DC Market Is CRAZY!! 300k Will Get You Nothing

Ben Payano
  • Investor
  • Baltimore, MD
Posted

Hello,

The DC/Northern VA market is going absolutely insane due to Amazon's HQ2 and it's causing a tough situation for regular home buyers. I'm looking for some suggestions on whether I should buy or not and where. There is a neighborhood that's in proximity to everything called South East Washington (Anacostia) that seems to be known as a ghetto/very bad area. Would anyone suggest to invest in this area? Would you gamble?

Details I'm looking at: Budget is 350k; 3+ BR, 2+ BA; Single-Family Home or Townhome; Low HOA; Also looking to rent rooms (House Hack).

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