Home Buying in 19131>Question Details

Spx9d, Home Buyer in 19131

I would like to buy a investment property for selling in Philadelphia, any suggestions on the area where I should buy, I do not want to take loan

Asked by Spx9d, 19131 Thu Apr 29, 2010

our budget to buy the investment property is $35000 and I would like to flip it, I am a first time home buyer with excellent credit and a steady job with $80000 annual income.

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2
Leon Aksman’s answer
Spring/Summer is a great time to buy/sell investments. I specialize in investment real estate in Phialdelphia. There are a number of pockets in the price range for investment you mentioned. Girard Ave corridor, Parts of S. Philly, Cedar Park, ...etc 215-668-8899 leon@RealtyinPhilly.com
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wealth creation, listings & acquisitions
0 votes Thank Flag Link Thu Apr 29, 2010
I am currently looking in West Philadelphia in the 19143 zip code for properties that are around $20,00 to $25,000 and put $10,000 to $15,000 in with an expected reutrn of sales around $75,000. The goal is to buy at the right price and then get good work done inexpensively. Don't try to save money by doing it yourself. Get in , get out and move on to the next. The home run is great but a steady flow of singles and doubles works just as well.

Alan Openshaw
Cornerstone Lending
215 674 9059



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1 vote Thank Flag Link Thu Apr 29, 2010
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