I love the name :) I can help walk you through the process. Call me at (202) 670-6677. I will send you the short sales in the Foggy Bottom area and we can go check them out this week.
Talk to you soon,
email me at connieVRE@yahoo.com
Preforeclosures and short sales are going to be listed in the MLS by the seller's agent and you would either need to have your Buyer's Agent arrange a showing or just call the seller's agent. However, if you just call the seller's agent, they represent the seller and their fiduciary responsibility is to them, not to you.
My advice is, there are MANY more opportunities for a much larger ROI and cashflow in outerlying areas, particularly in PG County, Montgomery and parts of Howard and Anne Arundel. You are going to pay a premium for properties in Foggy Bottom, Thomas and Logan Circles, on properties that will probably need a lot of work whereas you could spend close to half of that and have the same cashflow from a smaller investment that doesn't need anything more than fresh paint and carpet, or possibly be move-in ready.
If you're interested, I am working with several investors right now on buying just these kinds of properties with monthly cashflows upwards of $300-$400/month - that's after mortgage, taxes and insurance.
Feel free to contact me anytime.
Keller Williams McLean
6820 Elm Street, Suite 100
McLean, VA 22101
Feel free to give me a call or email. I can certainly help you get started with the process. I also have a pretty thorough list of very reasonable contractors to help with the renovation process as well.
Let's talk soon!
Cell/Text | 202.409.8334
Re/Max Supreme Properties
My Profile: http://katrina.hill.remax.com/Listings/FeaturedSearch_r4.asp
Home Staging Professional
If you are willing to go a little out that specific area, I know of a fantastic foreclosure in Kalorama within walking distance of Dupont with 1400 square feet and with 2 BR and 2 BA if you would like to contact me. My email address is email@example.com. Look forward to hearing from you.
Very often there are good deals which are not foreclosures, pre foreclosures or short sales, but are listed by motivated sellers at competitive prices. If you want to talk about looking for a good deal rather than just a foreclosure, pre foreclosure or short sale, I would love to explore the other possibilities on the market today. If you want to see the one on 24th I am delighted to show you that too. Good luck! Lise Howe
The Lise Howe Group
Keller Williams Metro Team Realty