I am actively seeking a single-family home to purchase for an investment opportunity. We are specifically looking for a four-bedroom house -- or a three-bedroom house with at least 1,500 square feet. And we are looking in Merchantville, Somerdale, Delran, Maple Shade, Voorhees, Evesham and Cinaminson. We are looking for properties that need work. Ideally, we would like the purchase price at $50,000 or less. At that price point, we can offer a cash sale with a fast closing. If the price is higher, we may still be interested, but financing will come into play soon thereafter and we might not be able to offer a cash sale.
If you or anyone you know has a single-family home that fits these criteria, please have them contact me. All of my contact info is on my web site at www.davidMsimon.com.
Is the e-mail address on that site the one to use?
Yes it is
$50k or less seems impossible unless it’s in a D neighborhood
@David Simon how much looking have you done in the townships you listed? While I can't speak to opportunities in all of them, as @Mayer M. stated that would be extremely difficult to find barring severe distress in Delran and Cinnaminson. It would probably be difficult even if you doubled your price point. You may also want to specify how much rehab work you're willing to take on. At a $50K purchase price you may be looking at double that on rehab estimates.
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