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All Forum Posts by: Cedric Stout

Cedric Stout has started 79 posts and replied 147 times.

Post: [Essex County] Single Family 3 Bed 2 Bath Flip in Bloomfield, NJ

Cedric StoutPosted
  • Investor
  • Palisades Park, NJ
  • Posts 165
  • Votes 29

**Calling all Essex County, New Jersey Investors, Rehabbers, Contractors, & Fix & Flippers**

3 Bed 1 Bath Single Family Flip in Bloomfield, NJ

Get this under contract today!

Call Cedric at 910-977-5504 or email [email protected]

Property Address:
61 Ella Street
Bloomfield, NJ 07003

Google Maps Streetview:
https://goo.gl/maps/nwJDfcZgMmQ2

Property Pics:
https://drive.google.com/folderview?id=0B2xWWKCgb1KAekgwYThEZTNoSUU&usp=sharing

Video Walkthrough:
Unavailable

Check out this single-family home in a quiet neighborhood in Bloomfield, NJ. The interior has been kept in good condition. It's a good candidate for a cosmetic update.

Property Features:

  • Single Family
  • 1,421 Square feet
  • 25x100 lot (0.57 acre)
  • Zoning: R-2B
  • Built 1900
  • 3 Bedrooms
  • 1 Bathroom
  • Extra Room/Office
  • Baseboard heating
Neighborhood Features:
  • Quiet Neighborhood
  • Near Garden State Parkway
  • Close to Public Transportation
  • Easy commute to NYC
Property Financials:
Estimated ARV: $275,000

Estimated Rehab: $40,000

PRICE: $160,000 (Serious Buyers Only. Must be able to close quickly using cash, hard money, or private funds. No exceptions.)

*Buyers are responsible to perform their own due diligence to determine if purchase is suitable for their investment objectives.

Don't miss out on this great deal! Submit your offer today! To schedule a showing, call or text Cedric at 910-977-5504, or simply respond to this email.

To join our buyer's list, please visit: www.stoutinvestments.com

Post: Wholesaling MLS Properties in NC (Strategies)

Cedric StoutPosted
  • Investor
  • Palisades Park, NJ
  • Posts 165
  • Votes 29

@Cindy Veit Thanks for the insight. Wow, it would be fun to know how many total offers that property received. I know that foreclosures are very competitive. I'll be looking for deals from the MLS as well (not foreclosures), and also off-market deals. So you'll have another source for leads soon.

Post: Wholesaling MLS Properties in NC (Strategies)

Cedric StoutPosted
  • Investor
  • Palisades Park, NJ
  • Posts 165
  • Votes 29

@Chad W. Are you looking for deals to flip? hold? or primarily to get started in wholesaling?

Post: Wholesaling MLS Properties in NC (Strategies)

Cedric StoutPosted
  • Investor
  • Palisades Park, NJ
  • Posts 165
  • Votes 29

Thank you for sharing @Cindy Veit Your rehab flip looks great! I'll be looking for properties like this and hopefully we can put some deals together for you!

Post: Wholesaling MLS Properties in NC (Strategies)

Cedric StoutPosted
  • Investor
  • Palisades Park, NJ
  • Posts 165
  • Votes 29

@Account Closed That's awesome man. I lived in Fayetteville most of my life as well. I'm certainly open to working together. Let's discuss more offline. 

Post: [Cumberland County] Single Family Rental in Parkton, NC

Cedric StoutPosted
  • Investor
  • Palisades Park, NJ
  • Posts 165
  • Votes 29

**Calling all Greater Fayetteville, North Carolina Buy & Hold Investors (Cumberland County)**

Get this under contract today!

Call Cedric at 910-977-5504 or email [email protected]

 [Must Go Quickly!] Turnkey Single-Family Rental with 10% Net ROI in Parkton, NC

Property Address:

7112 Hypony Trail

Parkton, NC 28371

Google Maps Streetview: https://goo.gl/maps/h8t2aAyYPk42

Property Pics: https://youtu.be/dPY4OjQrcCY

This is a single family home on a brick foundation in Parkton, NC. It is a great home to add to your rental portfolio to buy and hold to generate passive income. Net $6,000 annually in cash flow after all expenses, taxes, insurance, property management, and maintenance. It's in a quiet neighborhood on a .38 acre lot, which gives the property a big front yard and an even bigger wooden fence back yard.

Property Features:

  • Single Family
  • Manufactured home on brick foundation
  • 1,404 sq ft
  • 0.38 acres
  • Built in 1998
  • 3 Bedrooms
  • 2 Bathrooms
  • Master bathroom (2 sinks)
  • Spacious living room
  • Kitchen
  • Dining room
  • Fireplace
  • Washer & Dryer hookup
  • New Paint
  • New laminate flooring
  • Carpet in bedrooms in good condition
  • Huge backyard with wooden fence for privacy
  • Big front yard
  • Brand new roof (with 40 year warranty)
  • Swimming pool in rear (needs repair to get functional)

Neighborhood Features:

  • 15 minute commute to Fayetteville & Fort Bragg
  • Just a few minutes from Hope Mills
  • Quiet and Open neighborhood
  • Just minutes from I-95
  • Great school system

Property Financials

ARV: 65-70k

Estimated Rehab: <$4,500 (New HVAC Unit Only $3k-4,500k)

*Buyers are responsible to perform their own due diligence to determine if purchase is suitable for their investment objectives.

Don't miss out on this great deal! Submit your offer today! To schedule a showing, call or text Cedric at 910-977-5504, or simply respond to this email.

To join our buyer's list, please visit: www.stoutinvestments.com

For more pics: https://youtu.be/dPY4OjQrcCY

Post: Fayetteville, NC (& Surrounding Areas) Buyers & Investors Wanted!

Cedric StoutPosted
  • Investor
  • Palisades Park, NJ
  • Posts 165
  • Votes 29

**Calling All Buyers, Investors, Investor Friendly Agents, and Buy & Hold Investors in Fayetteville, NC**

I am expanding my wholesaling business virtually to my hometown of Fayetteville, North Carolina. If you are an investor seeking off-market wholesale deals for flips or buy & holds, then I'd like to invite you to please join my buyer's list. I will be gearing up for my marketing of off-market wholesale in Cumberland County and I need serious cash buyers that are ready to buy. This may also be a great opportunity for Realtors and agents who have a list of serious investors to direct them to some off-market deals.

Please visit www.stoutinvestments.com and let me know what you are looking for by putting in your information! Or better yet, feel free to email me at [email protected]

Let's do business together! 

Cedric Stout

Post: Wholesaling MLS Properties in NC (Strategies)

Cedric StoutPosted
  • Investor
  • Palisades Park, NJ
  • Posts 165
  • Votes 29

Well that's confirmation for me to throw some marketing dollars into Fayetteville @Alexander Felice. Fayetteville is too big to not be marketing for off-market deals. I believe we connected before so hopefully we can do some business soon. 

Post: Wholesaling MLS Properties in NC (Strategies)

Cedric StoutPosted
  • Investor
  • Palisades Park, NJ
  • Posts 165
  • Votes 29

That's very interesting insight @Alexander Felice. I'm actually going to be gearing up for some direct mail campaign for Fayetteville & Hope Mills (maybe Spring Lake) to find off-market deals. I'm shooting for starting that within the next two months or so. I just need to set up my boots on the ground there. 

So would you say that there not a lot of off-market deals in Fayetteville? 

Post: Wholesale JV Partners Needed for Fayetteville, NC (Cumberland Co)

Cedric StoutPosted
  • Investor
  • Palisades Park, NJ
  • Posts 165
  • Votes 29

**Calling All Serious Wholesalers & Investors in Fayetteville (Cumberland County) NC and Surrounding Areas**

I have a growing wholesaling business here in Northern NJ and I am currently expanding my wholesale acquisitions in the Fayerteville, NC market. I am looking for JV partners on the dispositions end to help me close these deals. In other words, I "lock 'em up" and you "close 'em out!"

I'm looking for wholesalers who:

  • Have a sizable network of cash/hard money/private money buyers that are ready to purchase and close quickly
  • Have an established closing agent that they use (Title Company and/or Attorney) 
  • Can be my "Boots on the Ground" to take their buyers to the property and showings and get the deal closed!

I'm looking for serious wholesalers that are actively doing deals only. We will discuss the details but the split will be 50/50 of the assignment free. Looking for lasting business relationships to do deals consistently.

Inbox me or email [email protected] if interested.

If you are a cash buyer or realtor with a list of cash buyers and investors, please visit www.stoutinvestments.com to join my buyer's list (please be sure to specify that you are in the Fayetteville, NC or surrounding area Market)

Let's do business together!