This one is just short of having a foreign prince in a far away land in my opinion.

Dear BP community,I think I found a distressed property in Prince George's, Maryland with potential to be come a nice hold or rehab to sell property.

Dear BP community,I think I found a distressed property in Prince George's, Maryland with  potential to be come a nice hold or rehab to sell property.

@Diana Tian Hey Diana, foreclosure deals can be tricky, I'd recommend finding someone who has a relationship with the banks that own foreclosure properties, as they'd be more willing to fill you in on what they know. sometimes, they get like work done to hide certain things from potential buyers. i have been reading that people who buy foreclosures usually do so knowing that 1 out of 5 will lose money, and those are the odds of a professional. high risk, it may not be best for the first time around.

Originally posted by @Diana Muturia:Originally posted by @Dale K.

Hello Diana, to answer your first question, if the comps are the most recent and have similar square footage, bedroom and bathroom count, same style...etc they it should be close.To answer your second question, PM me with the details on city of the property, what you are looking for as far as cash out, what you believe the value of the property is, what date and year you purchased the house, and what was the purchase price. 

Frederick MD, Laurel MD, Prince Georges County...even parts of DC.

Prince Georges County, Frederick County, Baltimore, and even parts of DC have price points that allow you to get into cheap properties.

Does anyone have experience with filing a lien (at least I think it's a lien) on a property with a private mortgage in Prince George's County?

Hello to the BiggerPockets Community (:I hope everyone is enjoying their day off of work and taking advantage of their Labor Day weekend.Today I just wanted to get a feel of who's in my community (DC and Prince George's County) and introduce myself to you all.