Multifamily is generally a great investment in the DC area....but its among the most competitive niches in our ultra competitive market. less than one 10th of 1% of the metro areas properties are 2-4 units.House hacking a single unit can be a great strategy.

Non-VA renovations loans were among the first thing that the plug was, broadly speaking, pulled on, when this all started.

With little experience, an OOS BRRRR is going to be very challenging.Issac, I do not know your situation, but among the advantages for local investors is the ability to house hack. 

I invested in upgrades inside and out so that my unit stood out among the cookie cutters.

In 'passive' (income) defiance we were buying, buying, buying & with CASH.Having just turned 65 he admitted he can't retire until his mid 70's, after many years of a high end consulting income, a recent large mortgage & because (according to his wife) his own very poor financial investments.Every Landlord Needs To See This Shocking Chart Before May 1stby Tyler DurdenSat, 04/25/2020Last week we identified a potential rent strike brewing among the working poor in New York City.

Then I look at relative pricing among the top cities that are growing the fastest. 

Lenders got tough with this about 20 years ago, and among the various documents borrowers sign at closing are affidavits attesting to the source of down payment.

I'm among the millions of us who are not rich, so I'll have to start out small.

The cost of labor & materials here in San Diego is among the highest in the country and you will need a very good contractor you trust to take you down that path.

Unless you do many B2B transactions, you should just file in the state in which you will be headquartered (hopefully that will be the most income tax advantageous state.)There's a lot of justified sentiment among the BP forums that LLC is not necessary since it may create more work and expense than required for liability protection.