Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

188
Posts
102
Votes
Ray A Delfi
  • Rental Property Investor
  • Poughkeepsie, NY (Hudson Valley Area)
102
Votes |
188
Posts

I found a lot for sale for $25k 7.8acres but it’s swampy

Ray A Delfi
  • Rental Property Investor
  • Poughkeepsie, NY (Hudson Valley Area)
Posted

There is a 7.8acre with a 780’ front lot for sale in NJ outside of Atlantic City for $25k. There is sewer in front of it and zoned for Residential Compatibility (RC). It’s been on the market for over two years because it is swamp lands and the cost to do a wetland delineation survey on it is costly just to find out if it’s suitable to build on and a risk it it’s not. However, there are tons of residential properties surrounding it some are 1.2mil homes.

So I’m looking for some advice not to acquire the property but what would you do in this scenario? Anyone experienced with building on wetlands? What’s the process?

Loading replies...