I currently have a tenant in Washington that was 13 days late on her rent payment.

@Matthew GinsbergI would run some comps on priceQuick search 125 washington which is renovated sold for $400k.

My area (Anacortes Wa) doesn’t seem like a good market for multi family.

Louis MO, Atlanta GA, Minneapolis MN, Portland OR, Seattle WA, Oak Park IL, Pasadena CA, Syracuse NY, Ferguson MO.

@Ted Akers  yes for instance this would not work well in WA with the excise tax of 1.78% or there about on title transfers.this was a low end deal in GA so it was a normal wholesaler approach I think the guy made 10k on the deal we made a few bucks and they absorbed the one closing costs and transfer tax which was probably nominal I would have to look at the hud.I can see this working in states were double escrows are not allowed any more... or if a wholesaler wanted to put to bed the thought that they are selling re without a license.. you know the wild wild west out there in that industry were basically anything goes   until it does not  LOL.I am NMLS mortgage banker sitting in the bullpen.. my license is on ICE but I do the CE.. just don't want to have to take the test again incase I want to jump back into doing HML.. so for right now taking title is a clear path.. no securities issues no licensing issues.. etc etc.. and 100% control. the only way I will do this these days.. but then again my clients are well known to me for more than a decade most of them and they are high volume flippers etc... so we have a lot going on...

Also, the Springfield Town Center is just 10 miles from National Landing, where Amazon's HQ2 will bring 37,000 jobs by 2034What are your thoughts on Springfield Virginia, or are there any other sub-markets in the Washington D.C. area that you are the most excited about for future growth?

I've been away from real estate a couple years and am getting back into it and wondered if you use them or can recommend another hard money lender in Washington?

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $380,000

Cash invested: $60,000

Sale price: $525,000

I was asked by the realtor to give the owner recommendatio...

The DC area is one of the lowest cap rate markets in the country.In MoCo you'll generally need a 40-45% down payment currently to have your rent cover your PITI on a standard long term rental.

I am considering Nevada, Washington and North Carolina.It does seem that foreclosures may be better to pursue once I gain more experience.