What would you do with 80k in DC

[Sean Stewart]

In about a year my girlfriend and I are thinking of making a home purchase in the DC area or immediate suburbs. Will probably have around 80k in cash to put down by that point.

I am very interested in the duplex idea of living in one unit and renting out the other but I understand those opportunities are few are far between in DC.

What you would do if you were starting with a first home purchase in the DC area but also wanted to make it a good investment with some potential cash-flow to offset mortgage payments? (We dont need a lot of space at all, but also dont want to live anywhere unsafe).

Any insight/ideas would be massively appreciated!

[Michael P.]

If it was me I'd buy a long term hold near an area slated for major redevelopment such as White Flint in Rockville or the old Walter Reed campus in DC.  Or get two condos in outer Montgomery County 40K down on each, live in one, rent the other.