Washington, DC foreclosures

[Nikki Grizzle]

Okay so I am having a difficult time wrapping my head around the endless amount of foreclosures I am seeing in the DC area. First off I am located in North Carolina however, my husband and I go to Alexandria, VA on a regular basis and plan on buying a second home there within the next 2 years. For those who know the area, know you can get to DC in about 5-7 minutes from Old Town. What is going on in that area? I want to jump on all those public foreclosures but am wondering if it is even worth it. These homes are around all the good stuff too like museums, downtown area, the White House. Are investors crawling all over these foreclosures or is that area just a lost cause? In my eyes the place looks like a great area to invest but then again I dont know the market that well. I would be looking to use these as rentals as opposed to flips.