Unless its a 15 ft or deeper dig or road repairs , thats a high price ( based on Maryland ) . 

Hey everyone, I'm a highly seasoned multi-family investor and developer in Canada, with a track record of successfully developing over 800+ units.

I’ve flipped in the dc area for years, right now there is just money & in the vast majority of cases there is high likelihood of losing money, right now the best investments in the area imo are buy & hold, I’ve even gone full circle and while I really liked value add for most of the last decade I think in a lot of ways new construction especially in more affordable markets (I’m personally a big fan of the eastern shore market) is a much better way to make money long term than flipping and brrring while I know they are sexy & certainly you getting a huge paycheck is great, there just isn’t any money in it right now, especially in nova. 

But the escrow officer can help with that.From a high level though, that’s it in a nutshell. 

Take those things into consideration as you take on the challenge and call a property manager if you get in over your head.HOWEVER, deciding to use a property manager in the beginning when screening the right tenant, (we call them Residents), highly increases you likelihood of success as a CASHFLOWING investor. 

I found a bank that will do a HELOC but the rates are high (Of course, with today's rates).

If you're able to keep it relatively private, I'd highly recommend it.  

Partner Driven was interested in the N Deerview Dr deal in Lake Villa, IL, due to its high profit potential.

Highly recommend.

BRRRR is my favorite although it's getting difficult to do these days with interest rates as high as they are.