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All Forum Posts by: Patrice Durham

Patrice Durham has started 1 posts and replied 4 times.

Post: First Flip

Patrice DurhamPosted
  • Mount Laurel, NJ
  • Posts 5
  • Votes 0

@Jesse LaBlanc 

Thank you kindly for your input! I appreciate any advice you have to share. You are right! I have to remind myself to settle down sometimes and think. I get excited because of the vision I have for myself, my 3 Sons and our future. I have been doing research now for about 6 months and have participated in seminars. Currently, my business  partner and I are scheduled to attend another upcoming seminar. "RESEARCH" definitely is PARAMOUNT! Thank you...

It turns out that the property I was excited about as I mentioned in my earlier post is owned by Fannie Mae and managed by a management company that appears to be doing repairs. Also, if the property does not list for sale, it will go for Auction in 1-2 months.  

Post: First Flip

Patrice DurhamPosted
  • Mount Laurel, NJ
  • Posts 5
  • Votes 0

@Jesse LaBlanc thanks so much for the input! It makes perfect since.

Post: First Flip

Patrice DurhamPosted
  • Mount Laurel, NJ
  • Posts 5
  • Votes 0

@Richard Reed anywhere in Southern New Jersey.

Post: First Flip

Patrice DurhamPosted
  • Mount Laurel, NJ
  • Posts 5
  • Votes 0

Hi All! I'm looking for my first home to flip. I was excited today because I thought I found a good flip but it was already under renovation. To me, anything is for sale! I asked my business partner to ask if they'd be willing to sell "as is" thier response was it's not on the market yet. I'm like a fish out of water with seeking my first flip. I really think this find will be extremely profitable. How can I get them to sell it to me and how can I wholesale the property without using any out of pocket money? I do realize I need a cash investor and all of my paperwork together. However, what would be my first step after I am able to get the house under contract? Any input would be greatly appreciated!