top of page
Search

What Would Cassidy Buy? - The Newer Investor Looking to get into Multifamily Real Estate Investing

  • Writer: Rose Pelipel
    Rose Pelipel
  • Jan 8
  • 2 min read

BPG Residential currently has a client who is looking for their first small multifamily investment property in Washington, DC. This is their first plunge into the multifamily investment world. This isn't going to be an article evaluating CAP rates, "predicting" IRR or equity multiples, or aimed at people like myself, who are looking to raise capital to syndicate larger real estate purchases. These suggestions are for individuals, just like our client, who want to build long-term generational wealth for their families and believe that Washington, DC real estate is the key. Not to mention, they should have around $100,000 to $200,000 to invest personally.


Right now, there is a program that I've personally used twice that allows you to buy an investment property with 15% down. You must buy this property in your personal name (no LLCs) and can't raise the capital for the down payment, meaning you have to use your hard-earned money. If you'd like the connection to the lender that has this program, reach out to us and we will connect you.


Here are five options that I believe are great entry price points, locations, and have some sort of value-add proposition over the long term.



531 Harvard St. NW Washington DC


-Columbia Heights


-Duplex


-List Price: $850,000














42 O St. NW Washington, DC


-Truxton Circle


-Duplex


-List Price: $725,000













521 17th ST. NE Washington DC


-Kingman Park


-Quadplex


-List Price: $1,079,000












4006 Kansas Ave. NW Washington DC


-Petworth


-Quadplex


-List Price: $1,150,000




3014 Warder St. NW Washington DC


-Petworth


-Duplex


-List Price: $775,000



All of these options have different high and low points, but in the end, they are great entry options for newer investors looking to build their portfolios. We help investors like this on a weekly basis change their families' lives forever. Reach out to BPG if you'd like to start or continue your investment journey.


Happy investing!



 
 
 

Comments

BPG Holdings.png

(703) 261 - 4078
invest@bpgreal.com

1009 Duke St
Alexandria, VA 22314
Office Hours: M-F 9am-5pm

This website does not constitute an offer to sell, or a solicitation by anyone in any jurisdiction in which such offer or solicitation is not authorized or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation. To obtain a Private Placement Memorandum, please contact the fund through this website. No person has been authorized to make representations or give any information with respect to the fund or the units offered hereby except for the information contained in the fund’s Private Placement Memorandum. Purchasers of the units offered hereby should not rely on any other information disclosed orally or in writing unless that information is contained in the company’s Private Placement Memorandum. The information contained on this website is presented as of the date hereof, and is subject to change by the Manager only. Prospective investors are not to construe the contents of this website as legal, business or tax advice. Each prospective investor should consult his or her own attorney, business advisor and tax advisor as to the legal, business and tax related matters concerning this offering. If you wish to obtain a Private Placement Memorandum, please contact the fund through this website.

© 2022 All Rights Reserved.  BPG Holdings, LLC

bottom of page