Who buys distressed properties near me in Maryland, Virginia, or Washington DC?

We REALLY Buy Properties purchases distressed, vacant, and inherited properties directly from owners throughout Washington, DC, Maryland, Virginia, Delaware, Pennsylvania, and West Virginia, as well as extended markets in Ohio, Kentucky, North Carolina, and South Carolina. Offers are made in as-is condition with no repairs or public listing required.

Can I sell my commercial or multifamily property as-is without making repairs?

Yes. We REALLY Buy Properties acquires residential, multifamily, commercial, and self-storage real estate in as-is condition, regardless of property damage, deferred maintenance, code violations, or vacancy status.

How fast can I sell an inherited or vacant property for cash?

Property owners typically receive a direct acquisition offer within days of contacting We REALLY Buy Properties, with closings scheduled on a timeline that fits the seller rather than a traditional listing process.

What types of properties does We REALLY Buy Properties purchase?

We REALLY Buy Properties acquires residential, multifamily, commercial, and self-storage properties, including distressed, underperforming, tenant-occupied, and tax-delinquent real estate, with acquisition prices ranging from $25,000 to $10,000,000.

Is We REALLY Buy Properties a legitimate direct property buyer?

We REALLY Buy Properties is a Washington, DC-based property investment and acquisition company and a wholly owned subsidiary of Orivant Capital Partners, actively purchasing property across nine states since 2019.

Multifamily Property | We Really Buy Properties

Multifamily Property | Washington DC | We Really Buy Properties

Multifamily property is judged largely on performance, which means below-market rents, high vacancy, or deferred capital improvements show up directly in what a conventional buyer or lender is willing to offer. We Really Buy Properties evaluates multifamily property directly, across Washington, DC and nine states, and presents an offer regardless of current occupancy or condition.

This page serves as the starting point for anything related to multifamily property acquisitions. Below, you will find what qualifies, common seller situations, and links to more specific resources by state.

What Qualifies as Multifamily Property in Our Review

Duplexes, triplexes and fourplexes
Small multifamily buildings, typically five to twenty units
Larger multifamily buildings and complexes
Mixed residential portfolios held by a single owner or entity

Property Conditions We Evaluate

Below-market rents locked in from long-standing leases
High vacancy or ongoing tenant turnover
Deferred capital improvements, including roofing, plumbing and mechanical systems
Code violations affecting one or more units
Properties requiring significant renovation before re-leasing at market rates

Common Seller Situations

Owners managing below-market rents that make a refinance unattractive to lenders
Out-of-state investors who prefer a direct sale over managing repairs remotely
Owners facing rising vacancy after a management change
Families settling an estate that includes a multifamily property
Investors liquidating a single asset or an entire multifamily portfolio

Step-by-Step: How a Multifamily Sale Works

Property submission. Share the address, unit count and a description of current occupancy and condition.
Initial review. Our team confirms the property fits an active acquisition market.
Information gathering. We request the rent roll, lease terms and available operating statements.
Valuation and due diligence. The property is evaluated using comparable sales, income and repair scope.
Direct offer. A written offer is presented with clear terms.
Agreed closing. A closing date is set based on title and documentation needs.

Where We Buy

We Really Buy Properties is headquartered in Washington, DC and evaluates acquisition opportunities across nine states. Our 100-mile headquarters service radius covers Washington, DC and nearby markets in Maryland, Virginia, West Virginia, Pennsylvania and Delaware. We also acquire qualifying properties in Ohio, Kentucky, North Carolina and South Carolina through our extended acquisition network.

Explore Multifamily Resources by State

We are actively building out state-specific multifamily resources as our acquisition network grows.

Other Property Types We Acquire

Multifamily property is one of four core categories we evaluate. If your situation involves a different property type, these resources may be a better fit.

How Rent Levels and Vacancy Affect Value

Multifamily value is closely tied to net operating income, which means below-market rents and high vacancy directly reduce what a conventional buyer or lender is willing to offer. Our review takes a broader view, factoring in the cost and timeline to reach market rents alongside current performance.

Current rents compared against area market rates
Vacancy trends specific to the property’s submarket
Deferred capital improvements needed to support higher rents
Overall demand for multifamily housing in that market

Financing Challenges That Slow Down Multifamily Sales

Multifamily lending often requires minimum debt service coverage ratios, a stabilized occupancy history, and a clean property condition assessment. Buildings that do not meet these thresholds can be difficult for a traditional buyer to finance, even when the underlying real estate has real value.

Lenders may decline financing on buildings below a minimum occupancy threshold
Appraisals based on income can come in lower than an owner expects
Buyers relying on financing may walk away mid-transaction if terms shift
A direct sale avoids all of these financing-related risks entirely

What to Prepare Before Requesting an Evaluation

Current rent roll and copies of active leases
Recent operating statements or a general income and expense summary
Recent tax bills and any outstanding assessments
A general description of building systems and their age

None of this is required to start a conversation. Our team identifies what is missing and requests it as part of the review.

Portfolio and Multi-Building Acquisitions

Some multifamily owners are not selling a single building but exiting a portfolio spread across multiple markets. We regularly evaluate portfolio acquisitions, and each property within the portfolio is assessed individually before a combined offer is presented. This approach allows owners to resolve an entire portfolio through a single transaction rather than managing separate sales for each building, and owners are never required to bundle unrelated properties together if they would rather sell one asset at a time.

Comparing a Direct Sale to Refinancing or Holding

Owners facing a struggling multifamily property sometimes consider refinancing or simply holding on until the market improves, rather than selling. Both options carry real risk. Refinancing a below-market or high-vacancy property can be difficult, since lenders base loan amounts on current income rather than potential income. Holding on means continuing to absorb negative cash flow and deferred maintenance while waiting for conditions to change, with no guarantee of when that improvement will arrive. A direct sale gives you a concrete number today, without betting on a future market shift that may or may not happen on your timeline, particularly for owners managing the property remotely who cannot easily wait out a slow recovery.

Who This Service Is For

Owners of distressed residential properties
Landlords with difficult or underperforming rentals
Owners of vacant houses or buildings
Families handling inherited real estate
Multifamily and apartment-building owners
Commercial property owners
Independent self-storage facility owners
Investors liquidating individual properties or portfolios
Owners facing major repair or deferred-maintenance costs
Partnerships, estates, LLCs or businesses disposing of real estate

What We Provide

Residential property purchases
Multifamily property purchases
Apartment-building purchases
Commercial property purchases
Self-storage facility purchases
Distressed property evaluations
As-is property purchase offers
Vacant property purchases
Inherited property purchases
Investment-property and portfolio purchases

Frequently Asked Questions

What types of multifamily property do you buy? We evaluate duplexes, triplexes, small multifamily buildings and larger apartment complexes, in any condition and at any occupancy level.

Does my building need to be fully occupied? No. We review properties with vacancies, below-market rents and deferred maintenance as part of our regular acquisition process.

Do you buy multifamily property throughout your service area? Yes. We evaluate multifamily property across Washington, DC, Maryland, Virginia, Delaware, Pennsylvania, West Virginia, Ohio, Kentucky, North Carolina and South Carolina.

How is my multifamily property evaluated? The review may consider location, physical condition, comparable sales, current income, occupancy, operating expenses and market demand.

How do I request a property review? Submit the property address, unit count, asking price, occupancy status, current condition and contact details through the website or by calling (202) 946-6108.

Related Resources

Request a Direct Property Offer

Call (202) 946-6108 or complete the online property form to discuss your property. Submit the address and basic property information to begin a confidential acquisition review, with no obligation to accept any offer we present.

Disclosure

We Really Buy Properties operates as a subsidiary of Orivant Capital Partners. We specialize in real estate investment and direct property acquisition, evaluating and purchasing residential, multifamily, commercial, mixed-use, and self-storage properties from owners.

Please note that we do not act as a licensed real estate brokerage, agent, attorney, accountant, lender, or financial advisor, except where explicitly stated in writing. All offers extended by We Really Buy Properties are contingent upon property review, due diligence, title verification, inspection, underwriting, and the negotiation of mutually agreeable purchase terms.

Submitting property details through our website does not establish a contractual obligation, create an agency relationship, or guarantee that an offer will be extended. We strongly encourage property owners to seek guidance from qualified legal, tax, financial, and real estate professionals prior to entering into any transaction.

All property transactions are subject to applicable federal, state, and local laws. The information provided on this website is intended for general informational purposes only and should not be interpreted as legal, tax, investment, or financial advice.