Hyattsville, MD · Member since 2017 · 10 posts · 0 votes
Hi Bigger Pockets Community,
I hope everyone is well. I have a quick question for my DC investors/realtors/lenders:
I'm interested in multifamilies in Congress Heights and I think I've found a winner number-wise. Only issue is determining if it's a worthy investment as an Owner Occupant considering the current dynamics of the area.
What do you guys generally think about the area as an owner-occupant in a 4 unit multi? Would you go for it?
I think Anacostia and Congress Heights are going to improve significantly. If you can get in now and if you have the patience to wait as new development slowly changes things. I think you will be rewarded. I am currently investing in Anacostia with this long-term strategy.
I think Anacostia and Congress Heights are going to improve significantly. If you can get in now and if you have the patience to wait as new development slowly changes things. I think you will be rewarded. I am currently investing in Anacostia with this long-term strategy.
Thanks for the reply Account Closed - I'm going to look more into it because it only makes sense, with the limited supply of land in DC, coupled with the influx of inner city professionals, that this would be a solid strategy. Only downside at this point is the speed of development in Anacostia and Congress Heights.