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All Forum Posts by: Cedric Stout

Cedric Stout has started 79 posts and replied 147 times.

Post: Wholesaling MLS Properties in NC (Strategies)

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

Thanks for the input @Walker Clark I'm glad to hear that the market is cooking in Charlotte also. I'd love to connect with you and keep your info. I'll need some wholesalers with strong cash buyers in NC so we can do some deals together.

Post: Wholesaling MLS Properties in NC (Strategies)

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

Hey @Kirsten Ostby! I would love to connect with you and send you some deals this year. 

I lived in Fayetteville for over 22 years so I'm very familiar with the city. I'd love to connect with you and send you some deals soon.

Post: Wholesaling MLS Properties in NC (Strategies)

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

I have a growing wholesaling business here in NJ, and I am looking to begin building my virtual wholesaling business several NC markets. I'm looking into the Fayetteville, Raleigh-Durham, and Charlotte markets. I grew up in NC and will like to become active in wholesaling & co-wholesaling. A part of my acquisitions strategies will be to find deals on the MLS to wholesale.

To my fellow Wholesalers and Investor Friendly Real Estate Agents in NC, what are some effective strategies in wholesaling listed MLS properties. In NJ, I have found that I could assign the properties using the my "business entity and/or LLC to be formed" and assign the contract that way. We use the standard NJ realtor's form and add a 14-day inspection contingency.

Any insight would be appreciated. And yes, there are still deals to be found on the MLS :)

Post: [Hunterdon County] Single Family 3 Bed 1 Bath Home - Ringoes, NJ

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

**Calling all Central NJ Investors, Rehabbers, Fix and Flippers, and Contractors (Hunterdon County)** 

Single Family 3 Bed 1 Bath in Ringoes, NJ - Wholesale Deal

Check out this deal we have in Ringoes, NJ. It’s a single-family, 3 Bedroom and 1 Bathroom home. It sits on a 1.45 acre lot overlooking the Copper Hill Country Club in the rear. It's in need of extensive rehab and repairs.

Contact us for access code. Quick closing with 20% earnest money deposit required.

Property Features:

  • Single Family
  • Ranch Style Home
  • 1,288 Square Feet
  • 1.45 acre lot
  • Built in 1956
  • 3 Bedrooms
  • 1 Bathroom
  • 2-Car Garage (Attached)
  • Living Room
  • Dining Room
  • Kitchen
Neighborhood Features:
  • Borders Copper Hill Country Club
  • Heron Glen Golf Course nearby
  • Minutes from shopping, dining, and entertainment
Property Financials: Estimated Rehab: $60,000-65,000
(Landscaping, new roof and gutters, create a driveway, and complete rehab and update of interior to include kitchen, bathroom, floors, walls, and windows)

PRICE: $130,000 (Cash or quick closing with 20% deposit required)

*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: Middlesex County Flip - 5 Bed 3.5 Single Family in Sayreville, NJ

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

**Calling all investors, rehabbers, and fix and flippers in Central NJ (Middlesex County)**

5 Bed 3.5 Bathroom Single Family Flip in Sayreville, NJ

Property Address:

27 MacArthur Ave

Sayreville, NJ 08872

Google Maps Streetview: https://goo.gl/maps/Zacmes45CwM2

Property Pics: https://www.youtube.com/watch?v=nGQKtDdOLrg

Property Video: Unavailable

Check out this deal we have in Sayreville, NJ. It's a single-family home with 5 Bedrooms and 3.5 Baths. There is a main building, out building, and detached 2-car garage. The property is in need of extensive rehab.

Contact us for access code. Cash sale only. This won’t last long!

Property Features:

  • Single-family
  • Approximately 1650 square feet
  • 0.34 acre lot
  • Main Building
    • 4 Bedrooms
    • 2.5 Bathrooms
  • Out Building
    • 1 Bedroom
    • 1 Bathroom
    • 1 Kitchen
  • Partially finished basement (with full bathroom)
  • Detached 2-Car Garage
  • Front porch
  • Blacktop driveway
  • Living Room
  • Natural Gas
  • Public Water
  • Public Sewer
  • Fema Flood Zone AE
  • Property Tax: $4,447.18

ARV: $225,000-240,000

Estimated Rehab: $60,000-65,000 (Extensive Rehab needed)

Price: $90,000 (20% deposit required). 

*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: [Somerset County] 4 Bed 2.5 Bath Flip in Bridgewater, NJ

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

**Calling all investors, rehabbers, and fix and flippers in Central NJ (Somerset County)**

4 Bed 2.5 Bath Single Family Renovation in Bridgewater, NJ

Property Address:

855 Brown Rd

Bridgewater, NJ 08807

Google Maps Streetview: https://goo.gl/maps/9nPMGFGSXDn

Property Pics: https://youtu.be/RlUfTfsP4uI

Property Video: Unavailable

This single-family renovation candidate is located in the great town of Bridgewater, NJ. It's in need of some exterior rehab and interior updates. Similar updated and renovated homes in the area have sold for over $500,000.

Contact us for access code. Cash sale only. This won’t last long!

Property Features:

  • Single Family
  • 2,443 Square Ft
  • 1.95 acre lot
  • 4 Beds
  • 2.5 Baths
  • Living Room
  • Dining Room
  • Central A/C
  • 2 Units forced hot air, multi zone
  • Fireplace
  • Driveway

Neighborhood Features:

  • Quiet Neighborhood
  • Great school system
  • Close to major highways I-287 & I-78

Property Financials

ARV: $490,000+

Estimated Rehab: $65,000-75,000

  • (Cosmetic rehab & updates on interior to buyer’s liking, termite damage on deck, replace window shutters, exterior siding repair, landscaping, driveway)

Price: $295,000 (20% deposit required).

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

Comparables

Date Address Beds /Ba SqFt Price/sqft Notes Sale Price
12/04/15 1130 Colonial Way 4/3 1971 $254 2-car garage; well maintained $500,000
09/03/15 1266 Sherlin Dr 4/2.5 2108 $274 Updated $577,000
08/20/15 1171 Colonial Way 5/3 2576 $186 Renovated $480,000
08/19/15 991 Papen Rd 4/2.5 1956 $256 Updated $499,900

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: 27 Acres of Land in Egg Harbor City, Mullica, NJ - Atlantic Co

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

Atlantic County, NJ - Egg Harbor City (Mullica, NJ) 

Southern New Jersey

Developers and Builders, Hunters and Hunting Clubs, Land Investors

27 Acres of Land in Egg Harbor City, NJ 08215

We have a bundle of land available in Egg Harbor City (Mullica Township) NJ. Located in New Jersey Pinelands. The land has been zoned for development and hunting. Whether you are a builder, developer, or hunting club, this deal can be the perfect deal for you. There are a total of 7 Lots, equaling 27 total acres. Map of Survey available.

Property Features:

  • 27 Acres
  • 7 Lots
  • Zoned for development
  • Zoned for hunting
  • For hunters - great for deer, wild turkey, etc.
  • Builders looking for Pineland credits for other properties in Pinelands.
  • Block 9102; Lots 1, 2, 3, 4, 5, & 6
  • Block 8407; Lot 14.
  • Buyer is responsible for permits, tests, approvals, etc.

Town Features:

  • Mullica Township population: 6,147 (up from 5,912 in 2000)
  • Southeast of Washington township (Burlington County)
  • West of Egg Harbor City
  • East of Hammonton
  • 30 minutes west of Atlantic City
  • School System: Mullica Township School (Pre-K-8th Grade) & Cedar Creek High School.

Surrounding Features:

  • Accessible to local roads and major highways
  • Route 30
  • Atlantic City Expressway
  • Less than 20 Minutes from Stockton University and Atlantic Cape Community College
  • 30 Minutes from Atlantic City International Airport

Property Financials*




ASKING PRICE: Only $189,000 or Best Offer


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

Call/text 910-977-5504 or email [email protected]

Join my buyer's list at: www.stoutinvestments.com.

Post: 27 Acres of Land in Egg Harbor City, Mullica, NJ - Atlantic Co

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

Atlantic County, NJ - Egg Harbor City (Mullica, NJ) 

Southern New Jersey

Developers and Builders, Hunters and Hunting Clubs, Land Investors

27 Acres of Land in Egg Harbor City, NJ 08215

We have a bundle of land available in Egg Harbor City (Mullica Township) NJ. Located in New Jersey Pinelands. The land has been zoned for development and hunting. Whether you are a builder, developer, or hunting club, this deal can be the perfect deal for you. There are a total of 7 Lots, equaling 27 total acres. Map of Survey available.

Property Features:

  • 27 Acres
  • 7 Lots
  • Zoned for development
  • Zoned for hunting
  • For hunters - great for deer, wild turkey, etc.
  • Builders looking for Pineland credits for other properties in Pinelands.
  • Block 9102; Lots 1, 2, 3, 4, 5, & 6
  • Block 8407; Lot 14.
  • Buyer is responsible for permits, tests, approvals, etc.

Town Features:

  • Mullica Township population: 6,147 (up from 5,912 in 2000)
  • Southeast of Washington township (Burlington County)
  • West of Egg Harbor City
  • East of Hammonton
  • 30 minutes west of Atlantic City
  • School System: Mullica Township School (Pre-K-8th Grade) & Cedar Creek High School.

Surrounding Features:

  • Accessible to local roads and major highways
  • Route 30
  • Atlantic City Expressway
  • Less than 20 Minutes from Stockton University and Atlantic Cape Community College
  • 30 Minutes from Atlantic City International Airport

Property Financials*




ASKING PRICE: Only $189,000 or Best Offer


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

Call/text 910-977-5504 or email [email protected]

Join my buyer's list at: www.stoutinvestments.com.

Post: My First Time Driving For Dollars

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

Hi Justin, 

Congrats on making moves! I'm just a few months ahead of you in terms of wholesaling and I'm in the Northern and Central NJ space for now. My humble opinion is that you seem to have what it takes to just take action and getting properties under contract. But birddogging isn't such a bad idea either (given that you link up with the right wholesaler and get your money's worth). If you'd like, we can certainly discuss potential co-wholesaling opportunities. 

Let me know if you need any help! 

Post: Quick Fix Single Family Attached with 12% ROI in Newark, NJ

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

Pre-approved for Funding. Inquire for more info.