My wife will be attending university of Maryland. I've never been to the city before, so any advice or input is appreciated. If we buy, we'll be 1st time home owners. We're approved for 250k. My primary interest would be an outdated 2/2 or 3/2 that I can remodel while living there and sell when she graduates. Any certain areas to avoid? any reccomend real estate agents?

Edit : School of medicine campus- near the Lexington Market

University fo Maryland college park? What campus if not? Cause that's a big range of area and prices.

Dan Morris with long and foster is a great realtor and knows the city well.

If she is going to be at the city location, you’ll be very close to Pigtown, Hollins Market, Union Square, Poppleton, Mount Clare. Each neighborhood has larger homes and you can scoop them up for cheap. I bought my 3bd/2ba in June for almost nothing and am almost done with my renovations.

While I hope you grow to love the city over 4 years and choose to stay forever, why are you deciding to purchase a home, for the first time nonetheless, and not have the flexibility to rent for a little to get the feel for what your needs are and other personal tastes? Owning for just 4 years that someone is in school certaintly is a lot to handle, and don't expect to get your money back or even make a profit because most house make a profit after 5-7 years at least.

Just things to keep in mind.

Also, to go off of another comment, be sure that you mean University of Maryland, Baltimore, NOT the flagship College Park campus.

Lots of great things happening in pigtown. Look near the intersection of Washington Blvd and Scott Street. Buying is a great idea because a lot of rowhomes rent for more than a 250k house’s mortgage. My single family house in the city’s mortgage is less than what I use to pay to rent in canton. If you’re handy you could easily improve a rowhome and sell for more than you bought it for. Good luck!

Medical campus

thank you

Thanks for the input. It's the medical campus

thank you

Okay, then you are in the right place! 👍

Barre Circle/East end of Pigtown. TONS of medical students, professors, medical residents. Most students rent but some own. Ridgely's Delight is also within walking distance.

Thank you!

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great info, thank you! Do you know the best way to look into this resource?

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LiveBaltimore.org

Matt hilldoerfer is a great option! He lives in pigtown and is a live baltimore partner agent. He knows the grant process inside and out and can help you out!

If you buy you can qualify for a first time buyer grant which will save you a decent amount of money. However when I used mine a few years ago it did come with a condition that I can't sell it legally rent out the house before 5 years. Not sure if you would consider staying an extra year if the same condition is applied to you