Posted by Gerald-DC on August 08, 2003 at 15:50:04:
The DC market is very competive and cut throat. Based upon the types of questions that you are asking, I don’t think you should even think about doing a rehab. If you can get the property under contract, perhaps you can flip it to another investor such as myself.
I caution you to be very careful and don’t take on a rehab if you are just starting out.