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Updated over 2 years ago, 07/14/2022
BRRRR in DC, Maryland, and Virginia
Hi everyone! I bought my first fixer-upper in 2020 in Prince William County, VA and have been living in it since. I've overstayed my plan and am eager to find my next place. I have a 150k HELOC on my house approved and pending 340k HELOC on my parents place. I've been reading that BRRRR isn't very possible in NOVA and with 490k of capital I'm priced out of DC.
I've been thinking of shifting my focus to Maryland since I've been reading that in PG and Baltimore county, BRRRR is a lot more viable. Please let me know if you have any recommendations for REA, handyman, and wholesalers in the DMV. I grew up in NOVA so I'm not very familiar with the neighborhoods in Maryland, so any advice on that would also be greatly appreciated! Excited to chat more with the folks here :)