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I'm working with several investors right now. They believe that the Northern Virginia and DC market is having a 'perfect storm' of opportunity: low prices, high rents, and ridiculously low interest rates, even for investment properties (which historically have carried a significant premium to owner-occupied properties.) I recently had a transaction where the investor put 25% down and paid just 4 1/8% on a 30 year fixed mortgage! And all in an area that is arguably the strongest job market in the country. The property, located within walking distance of the incredibly popular orange line in Arlington and commands high rent, … (0 comments)
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