// EXECUTION PROTOCOL
- Identify neighborhoods with upside
- Tour with a contractor
- Explore renovation loan options
- Budget 15–20% contingency
- Pull required permits
- Stage and sell or enjoy
Fixer-uppers in transitioning DC and PG County neighborhoods can build equity — if you budget renovations accurately.
FHA 203(k) and Fannie Mae HomeStyle loans roll purchase and renovation costs into one mortgage.
Get contractor quotes before you close. DMV labor costs are among the highest nationally.
Permit rules differ: DC DCRA, Fairfax County, and Montgomery each have different renovation permit requirements.
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