BRRRR Question....Anne Arundel Co., MD
My wife and I are military living in Maryland. We want to invest local (outside of Baltimore) using the BRRRR method, but aren't sure about paying the prices we are seeing. Maryland is not a cheap area, we're seeing run down homes in the low 200's around Glen Burnie for those familiar. No, we aren't working with a realtor yet. Right now, we are driving for dollars and learning to analyze. My question is, as long as the numbers work, does it matter what a SFH is priced for initially? If this question doesn't make since or I'm completely off base, set me straight! Thanks BP