DMV Real Estate Market is Hot! Especially NOVA, where now?

[Cassidy Burns]

Hey BP,

As most have heard, the real estate market is extremely hot in the DMV, especially in the Northern VA single family house sector. Prices escalating, multiple offers on every property (5-85) (yep one had 85 offers), and all contingencies are being waived. That is being driven by lower interest rates and crazy low inventory levels.

So where should investors purchase next? Does this mean we should crumble and wait 1-5-10 years for the next bubble? I personally don't believe so.  I think you just need to readjust and adapt.  Find the assets that buyers aren't necessarily jumping at now due to COVID brain (DC condos) .  

So I'm interested , where are the real investors still investing in DC? And how are you funding the deals? Creative financing? Hard money ? Or utilizing primary residence financing and house hacking (my personal favorite )