1st you need to know how much you qualify for, then find your Realtor. Your Realtor will teach you about the investment types & possibilities that are suited best for your needs.
Please contact me for any more investment questions.
Dana Wright Exit Realty
Licence in Virginia Reatlor
Sugarland Run is one of the most popular areas of Sterling for investors. You can find town homes for under $150K that will bring in anywhere from $1000 to $1500 in monthly rent depending on the size, condition, lot, etc. This is just one example...there are more.
Note: You may want to expand your search to short-sales as well. Short-sales are discounted similar to foreclosures and they generally need the same, if not less rehab than a foreclosure does.
Feel free to contact me directly to chat more about investing in the area and how the local real estate market is from an investing point of view.
Real Estate Consultant/REALTOR(r)
You have the right idea of investing in property! With this being a buyers market & prices at 2004 prices, now is the time to consider buying an investment property. Being in the investment mangement business for over 25 years & real estate business for 9+ years here in No. VA I see the rental market as very strong. The Sterling/Herndon/Loudoun areas are "diamonds in the rough" with having great potential.
So all of the comments you are receiving from Realtors are correct. What you need is to find your Realtor that understands your specific goals & then to trust their expertise & experience. I have many repeat investors/clients that continue to work with me as I treat each real estate transaction as if its my own & my money. I will negoitate to get the best value for your dollars, in todays market!
I hope to this answers your questions & I look forward in hearing from you soon.
Keller Williams Realty
License in Virginia, and Maryland
Web Reference: http://mturnerhelpforeclosureshortsale.kwrealty.com
Your best bet is to contact a Realtor and discuss with them exactly what you are looking for and what you expect your turnout to be. At that point you will search for the best investment.
Sometimes the longer people wait, they risk the chance of a neighborhood having a few foreclosures. That in turn lowers the property value and may not be the most desirable place to live. When you are looking to purchase to rent, your goal is to continuously gain a profit. You want renters who are willing to stay a few years and who are responsible enough to make payments and not damage your property. So choosing the right area with the right price tag is important.
If you have any further questions call or e-mail me.
What is your price range? Are you looking for a detached home or a townhome?
Sugarland Run and Sterling Park might be two suggestions - depending on what you are looking for.
Contact me directly at VivianneRutkowski@gmail.com or 540-229-5429 so we can discuss the details.
REALTOR, ABR, GRI, SFR, CDPE
Licensed in Virginia
KELLER WILLIAMS REALTY
I would think at this time the great investment properties to buy and then rent out would be in zip codes of 20164.
They are some great buys there and ofcourse location speaks for itself. Easy access to 28th, 7, Airport, Shoppings.
If you have any qustions please call me direct at (703) 727-8700 or email me at firstname.lastname@example.org
Look forward to doing business with you and thanks for contacting me.
Sadaf Alhooie, Realtor, SFR
Keller Williams Realty
20130 Lakeview Center Plaza, #110
Ashburn, Va. 20147