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All Forum Posts by: Jennifer Katherine De Loughy

Jennifer Katherine De Loughy has started 11 posts and replied 30 times.

Post: Central NJ BRRRR Newbie - Looking for Mentor

Jennifer Katherine De LoughyPosted
  • Real Estate Agent
  • East Brunswick, NJ
  • Posts 30
  • Votes 14
Quote from @Heather Bailey:

hi Jennifer I'm in Central New Jersey and I'm a realtor with Coldwell Banker inMorristown. Happy to talk to you. I've got some contractors in this area. Prices here are crazy, so I am starting to look out of state. I do have some familiarity with auctions and I can help you with that but the auction prices are getting competitive too and now we are starting to see nonprofits come in claim the Community Wealth Preservation Program exemption.  But if you can travel to different counties, especially out in Sussex and Hunterdon, you may be able to find a good deal.   Let me know where you are located and if you want to meet up.  


 OMG yes please!!

Post: Central NJ BRRRR Newbie - Looking for Mentor

Jennifer Katherine De LoughyPosted
  • Real Estate Agent
  • East Brunswick, NJ
  • Posts 30
  • Votes 14
Quote from @Nicholas L.:

@Jennifer Katherine De Loughy

hello. i would not look for a 'mentor.' i would just start building a network - can you go to meetups and do that?

and, you are right - the vast majority of properties won't work for a BRRRR. i'm looking to do my next one and i keep getting outbid.


Where would I find meetups and build my network? I'm a realtor and no one in my office does BRRRR.

Where are you located?

Post: Central NJ BRRRR Newbie - Looking for Mentor

Jennifer Katherine De LoughyPosted
  • Real Estate Agent
  • East Brunswick, NJ
  • Posts 30
  • Votes 14
Quote from @Jaycee Greene:
Quote from @Jennifer Katherine De Loughy:

Hey, guys

So I am terrified to get started. Everywhere I look, properties aren't low enough for BRRRR to be worth it and I'm looking at taking a loss. Can anyone help me get started? I'm looking for a mentor.

Thanks,

Jenn

Hi @Jennifer Katherine De Loughy. What type of properties are you looking to BRRR? SF, 2-4 MF, or 5+ MF? And what is your price point and how much rehab are you comfortable with, cosmetic, medium, or heavy/gut?

Hi, Jaycee

I'm looking at SFR and 2 - 4 MF. Price point maybe up to $300k. Rehab I'm comfortable with cosmetic to medium since I'm just starting out.

Thanks!

Post: Central NJ BRRRR Newbie - Looking for Mentor

Jennifer Katherine De LoughyPosted
  • Real Estate Agent
  • East Brunswick, NJ
  • Posts 30
  • Votes 14

Hey, guys

So I am terrified to get started. Everywhere I look, properties aren't low enough for BRRRR to be worth it and I'm looking at taking a loss. Can anyone help me get started? I'm looking for a mentor.

Thanks,

Jenn

Post: Flip Lenders in NJ

Jennifer Katherine De LoughyPosted
  • Real Estate Agent
  • East Brunswick, NJ
  • Posts 30
  • Votes 14
Quote from @Aron Sperber:
Quote from @Jennifer Katherine De Loughy:

Hey, everyone

I am looking to start flipping houses in NJ. Any lenders focusing on this? Let's connect!

Thanks,

Jenn

Great to hear you're starting to flip houses! We offer quick, flexible financing for real estate investors. Send me a DM.


 Check your inbox!

Post: Flip Lenders in NJ

Jennifer Katherine De LoughyPosted
  • Real Estate Agent
  • East Brunswick, NJ
  • Posts 30
  • Votes 14
Quote from @Allison Somera:

This is right up my alley, Jennifer! Happy to assist, let's connect!


 Hello, Allison. I'll reach out via PM!

Post: Flip Lenders in NJ

Jennifer Katherine De LoughyPosted
  • Real Estate Agent
  • East Brunswick, NJ
  • Posts 30
  • Votes 14
Quote from @Nick Belsky:

@Jennifer Katherine De Loughy

Congrats on your new endeavor!  I work with a few flippers in NJ and many have been very lucrative deals I've seen through the fix and flip process.

I am a broker and have many resources for high leverage flip financing in NJ.  It's all about the numbers.  Let's chat sometime.

Cheers!


 Hi, Nick

What day/time is good to call you this week? I'm fully booked today. Feel free to PM me instead!

Thanks,
Jennifer

Post: Flip Lenders in NJ

Jennifer Katherine De LoughyPosted
  • Real Estate Agent
  • East Brunswick, NJ
  • Posts 30
  • Votes 14
Quote from @Bill Hester:

Hello Jennifer,

Congrats on getting started! I wish you well. I will be following your posts, if you don't mind, because I am brand new to this platform and interested in building a team. I figure if I watch how you do it, I will learn something. I am also interested in flipping... but, I am currently in Texas.

Bill


 Hi, Bill!

I've never done this before but need to get started already. I'm finishing up broker school and starting my own brokerage, so why not, you know?

Thanks, and best of luck to you! Feel free to reach out any time and if I can help at all, I will!

Jenn

Post: Flip Lenders in NJ

Jennifer Katherine De LoughyPosted
  • Real Estate Agent
  • East Brunswick, NJ
  • Posts 30
  • Votes 14
Quote from @Cam Schwartz:

Congrats on getting started @Jennifer Katherine De Loughy

We're active in NJ. Happy to chat more broadly and answer questions about flipping in general if we can be a helpful resource.


 Hi, Cam. PM me your number and I'll call you tomorrow or Tuesday. 

Post: Flip Lenders in NJ

Jennifer Katherine De LoughyPosted
  • Real Estate Agent
  • East Brunswick, NJ
  • Posts 30
  • Votes 14
Quote from @Noah Wright:
Am I calling this 320 number?