UrbanTurf Reader Asks: What and Where to Buy With $250K?
Homes in Brightwood
In this installment of UrbanTurf Reader Asks, a first-time buyer with a budget of around $250,000 asks the UrbanTurf audience the eternal question: Where should I buy?
I’m looking for my first place in the DC area. I am one year out of college, work in finance, and currently live in Bethesda. I have been pre-approved for around $250,000, but will only be able to put up a small down payment. I’m looking to go the FHA route, and primarily looking at condos, ideally two-bedroom/two-bath listings with lowish condo fees, so that I could rent out one of the rooms. I work in Bethesda, but have a car, so I don’t need to be right near a Metro. I’m single so I am willing to buy in a place not quite there yet (SW Waterfront, Brightwood, etc). Like most buyers these days, the biggest thing that I am looking for is long-term investment potential. I don’t mind growing with an area. Thanks in advance for your recommendations!
Post your thoughts in the comments section. If you would like to submit a question for UrbanTurf Reader Asks, send an email to editor2011@urbanturf.com.
See other articles related to: dc condos, dclofts, home buying, urbanturf reader asks
This article originally published at https://dc.urbanturf.com/articles/blog/urbanturf_reader_asks_what_and_where_to_buy_with_250k/3075.
Most Popular... This Week • Last 30 Days • Ever
A Cathedral Heights condominium—located on Cathedral Avenue—with outstanding buil... read »
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
- Two Bedrooms with Two Balconies on the Market in Amenity-Packed Cathedral Heights Condominium
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro