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Reply to "WWYD: keep DC rowhouse in Shaw as investment?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would just because the cash flow is so positive on it to start. I know people who've kept their first house in DC to rent when the rent was just barely covering the mortgage at the beginning, and they look like geniuses 5 years down the line. You can always sell it later if you find it's too big a hassle.[/quote] But what if the value drops and you lose 100k in equity? It’s possible. [/quote] This isn't some 4 BR, 2.5 BA on an exurban cul-de-sac. It may not increase as much in value, but it's unlikely to decrease, and it's still generating great rental returns. [/quote]
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