All of Arlington
Buying criteria · Virginia · Arlington · Lincolnia
What we buy in Lincolnia
Covent buys houses and land in Lincolnia and the surrounding Arlington neighborhoods. We work in any condition — what matters is whether the number has room in it.
- We buy off-market homes from licensed agents, wholesalers, and homeowners every day and match each one to a buyer through a marketplace of over 500,000 active, vetted investors across every market we serve.
- Any condition works, from raw land and teardowns through full-gut and dated homes to turnkey and newly built. Condition never disqualifies a deal; what does is whether the number has room in it.
- We run every one of them, and a Lincolnia home that misses the shape can still be a great deal for a different buyer. Send it anyway.
From large acreage to newly built.
The range we look at in Lincolnia is wide, because the number decides rather than the condition: large acreage and undeveloped land, teardowns, fire-damaged and full-gut houses, dated homes, cosmetic updates, clean turnkey properties, and new construction. A home that misses one line can still be a great deal, and condition by itself never disqualifies one.
Large acreage & land
Undeveloped land, infill lots, and large parcels.
Teardowns
Homes where the lot is worth more than the structure.
Full-gut
Down to the studs and systems; everything needs doing.
Dated
Livable but out of date, ready for a moderate rehab.
Cosmetic updates
Paint, floors, and finishes; light work that adds value.
Clean & turnkey
Tidy and rent-ready, so long as the number still has room.
The kind of properties we buy in Lincolnia.
A look at the stages we underwrite, from land through turnkey. These are illustrative examples, not listings, and they are the shape we prefer, not cutoffs.
Large acreage & land
Cleared, undeveloped lots and acreage where the dirt is the deal.
Teardowns
Older homes where the lot is worth more than the structure.
Full-gut
Houses that need everything, down to the studs and the systems.
Kitchen
Bath
Dated
Livable but out-of-date homes that need a moderate, not full, renovation.
Kitchen
Cosmetic updates
Structurally sound homes that just need paint, floors, and finishes.
Kitchen
Clean & turnkey
Tidy, rent-ready homes that still leave room in the number.
Kitchen
Bath
How it works
Getting started is easy.
- 1
Submit your property
Send the address and any photos, disclosures, or an inspection report. Any condition works.
- 2
Get a cash offer
We run the numbers against the shape we prefer and our buyer pool, and get a no-obligation offer to you.
- 3
Close on your terms
If it works, our team walks through the contracts and closes on a schedule that fits yours.
Areas we cover in Arlington.
Other areas we cover around Arlington:
LincolniaCrystal CityPentagon CityRosslynBallstonClarendonCourthouseVirginia SquareShirlingtonSouth ArlingtonColumbia HeightsLyon Village
Show all 39 areas
The shape we prefer, not cutoffs.
None of these are cutoffs. They are the shape we prefer, and a house that misses one can still be a great deal: we will look at it and run the numbers.
- Square footage
- 1,100+ sq ft
- We prefer it, but size alone does not decide it.
- After-repair value
- Around $150,000 or more
- We prefer after the work.
- Purchase price
- Generally $500,000 or below
- That is not a ceiling.
- Rental rule
- $1,000/month rent
- Per $100,000 all-in.
- Max hold rehab
- $60,000
- We like on the order of that.
- Location
- Greater Arlington
- In and around Lincolnia.
Equity is the real requirement: a price with room in it as a flip, or rent that carries it as a hold. If the number has room, the rest is negotiable.
What we buy.
Property types
- Single-family homes
- Townhomes
- Condos
- Small multifamily
- Houses that work for co-living
- Commercial
- Raw land and teardowns
- New construction
Strategies
- Long-term rentals
- Short-term rentals
- Co-living
- Fix and flip
- Buy and hold
- Land development
Condition
Any condition works, from raw land, teardowns, and fire damage through dated and full-gut houses, up to finished and newly built homes. Condition never disqualifies a deal; what does is whether the number has room in it.
We also look in the greater Arlington area.
Common questions.
Yes. We buy from large acreage and undeveloped land through dated, full-gut, turnkey, and newly built homes. Condition never disqualifies a deal; whether the number has room in it does.
Yes, including large acreage, infill lots, and teardowns. Land development is one of the strategies we run alongside rentals and flips.
Equity. We need a price with room in it as a flip, or rent that carries the property as a hold. If the number works, the rest is negotiable.
We buy as-is with no financing contingency, so we can move quickly. After a walkthrough and contract, we close on a schedule that works for you.
No. We buy directly, so there are no listing fees or commissions on our side when we purchase the property.
Covent is an off-market marketplace for rental and flip deals. We buy on our own balance sheet and match deals to a network of over 500,000 active, vetted investors across every market we serve.
Other markets
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