All Forum Posts by: Stephen Chatto

I like Trenton a little more because it is in mercer county.  I have flipped a few contract in Burlington county, but keep my rentals in mercer.   The rental market is real strong in Trenton.  I am not as familiar with Burlington, but I know people like it.  

Our event is tonight!   Looking forward to meeting anyone who is able to make it out for this free event.  

Thanks, 

Stephen Chatto

Asking ONLY $49,000

2070 SQFT

Property is totally dated and needs a complete cosmetic rehab. ALSO, there is termite damage, so this project is not for the faint of heart. Gas Heat, newer windows.

CLICK HERE FOR THE PICS: <-MORE PICS

Recent Sale:

48 Buckeye - $199,000 (Complete, Beautiful Renovation) - MLS - 6630941 SOLD 9/24/2015

Do Not Hesitate on this one. We are looking for final and best offer by Thursday (10/1) at 5pm.

Thanks,

Stephen Chatto

NOTE: We have this property under contract and we are selling the contract VIA Assignment, not the property itself. The $49,000 includes out contract price plus assignment fee. This deal is only available to cash buyers and a Non-Refundable Earnest Money Deposit is required. Buyer Responsible for all closing cost, city requirements, and the purchase is 100% AS-IS according to the terms of the contract.

http://www.meetup.com/MercerCountyInvestors/events/225285127/

Notes are a great avenue to invest in real estate, and have a lot of distinct Advantages.

Join us on 10/07 when David Putz (bio below), a local Central Jersey note investor talks about how he is actively doing deals.

Distressed Mortgage Notes is an ideal way to invest in real estate many investors are not aware of. With a deeper price discount and a lower entrance cost than traditional real estate investing, this investment strategy is attractive to both experienced real estate investors and beginners.

Traditional real estate investing typically requires large down payment, good credit and the struggle to find the property. REOs, Short Sales or Foreclosure all have strong competition, while distressed notes a way to get a property before the competition even knows about it.

For those who invest in rental properties you are well aware of the 3 T’s: Toilet, Tenants, and Turnovers. Investors involved in fix-n-flips deal with contractors, permits and structural headaches.

With distressed mortgages you become the BANK. By being the bank you are able to obtain a position on the distressed home before hits the MLS, Court House steps, or through methods such as postcards/letters/door hangers. It also allows the investor different types of investing strategies all at a lower purchase price. Investors can get cash flow through holding onto the note, similar to a rental property- without all the headaches that come with maintaining a rental. Investors can also get a solid return by receiving the balance of the mortgage note through the means of a foreclosure or homeowner selling the property. The investment possibilities with distressed mortgage are endless- come and learn how you can benefit from this type of real estate investing.

BIO:

David Putz is currently a managing member of JKP Holdings LLC. Dave Putz holds a bachelor's degree Psychology from Stockton University. His real estate training has been ongoing since 2005 after purchasing his first rental property. In 2010, he interned with a distressed note hedge fund and learned how to sort through large tapes of assets to determine the assets with greatest potential for return. The experience gained from both sectors of real estate provides him the ability to relate to many investors and show them the significant differences. David uses his knowledge of distressed mortgage notes to

educate and joint venture with both traditional real estate investors and note investors.

Cool.  Give me a buzz and I would be more than happy to get you on my distribution list.

Stephen Chatto

267-573-9506

This is a great little Cash Flow Deal in Pine Hill, NJ. Yes it needs a good deal of work, but the house is CHEAP. We are giving the deal away at $13,500. Property is under contract and we are assigning the contract ($13,500 Includes Contract Price and Assignment Fee)

Details:
2 Bedroom
1 Bathroom
Oil Heat (Tank in Basement)
Electric is on, needs updating from Knob and Tube.
Gas Service at the Property
Active Roof Leak in the Back Bedroom.
Big Backyard.
Taxes $3,119
Sq Ft 924
Built in 1950

Click here for the PICS: https://goo.gl/d5wc1W

Call Steve or Jason for Details
267-580-9017

@Marc Oister - Bill Burke is a good man.   He does a great Job as a Title Company.  Anyhow I do Deals in Bucks Co PA and Mercer Co NJ Mostly.   Feel free to give me a call, Or you can come to one of our meetups.   I would post the link, but I think that might be forbidden by guidelines.   Text me your email and I will let you know about Our Meetup and you can come hangout.   Any questions you have I would be happy to help in any way that I can.  

Hey Guys!  

We Got another Trenton Deal that will give you almost $450 in cash flow after all expenses including Property Management!  

Click Here for PICS

Click Here for Details

Thanks, 

Stephen Chatto
267-580-9017

Got a cool Little Wholesale deal in Burlington NJ.

A one point this property was rented by the room, Then it was a two family. Now the city will only allow it to be a single family house.

BIG House. But it needs a nice cosmetic makeover. The downstairs bathroom needs to be converted back into a closet. :) The Upstairs kitchen needs to be converted back into a bedroom! Make the other cosmetic repairs and you have a serious CASH COW on your hands. On the HIGH END I would personally put 20k into the house. You could put less... You Could put more... depends on your style.

Looking at the numbers... If your all in for around 35k, you should be bringing in over $500 per month in positive cash flow after all expenses including property management.

So if you like cash flow this may be a deal you want to consider!

Call for details or showing.   Jason or Steve 267-580-9017

We are having a Free Meetup at our Office in Trenton NJ.   We will be talking about how we wholesale properties in Mercer County NJ.  This is a newly formed Sub Group of larger organization, Diversified Investors Group

Please feel free to stop buy and check it out tonight (8/12/2015) from 6:45pm to 9pm.

We will be giving away a lot of good information on what it is that we do as wholesalers in Mercer County NJ to make money in the game.

Thanks

Stephen Chatto