Cute townhouse in high demand Washington DC suburb

[Autumn Whittington]

Investment Info:

Townhouse buy & hold investment.

Purchase price: $210,000
Cash invested: $43,000

Second investment property I bought that I did not live in before. I bought this unit on the onset of COVID-19 fears and right before I moved to Hawaii via military orders.

What made you interested in investing in this type of deal?

I lived in the area for 4 yrs and knew the area well.

How did you find this deal and how did you negotiate it?

MLS - RE agent

How did you finance this deal?

20% down investment loan.

How did you add value to the deal?

Turn key

What was the outcome?

Steady cash flowing house, low vacancy.

Lessons learned? Challenges?

Some renters want to submit work requests for everything.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Kanwar Sodhi was my RE agent. Would recommend and work with again in his area.