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[quote=Anonymous]Maybe OP is trying to buy a fixer upper and remodel it. In this case you are adding significant value to your property that is above the average appreciation rates. If not, then I agree that it will be unlikely your property will appreciate enough in these 2-3 years to cover the costs associated with buying/selling it. also, DC has a 1% tax extra. VA does not have that, something else to consider. Don't know about MD. OP are you getting a mortgage, because if you are your first 2 years will be primarily interest payments and condo fees, might as well invest your downpayment and rent. Unless you are looking for a screaming deal like a short sale, and/or you are very savvy when it comes to remodeling, it may not make much sense to buy. If you are unable to sell to break even, will you consider renting the property or will you need to asap take your money out in order to go buy something else? [/quote]
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