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All Forum Posts by: Terry Brown

Terry Brown has started 7 posts and replied 10 times.

Post: NJ - $125k ARV For Sale at $37k (Cash Only) - Pennsauken

Terry BrownPosted
  • Medford, NJ
  • Posts 17
  • Votes 2

- Estimated repairs ~$30k with an ARV of $120k-$125k

- 3 bed // 1 bath

- gas heat, systems in good shape

Serious cash buyers only

Thanks!

Post: NJ - $220k ARV For Sale at $117k (Cash Only) - Woodbury

Terry BrownPosted
  • Medford, NJ
  • Posts 17
  • Votes 2

- Estimated repairs ~$40k with an ARV of $215k-$220k

- 4 bed // 3 bath 

- Gas heat and hot water systems in good condition

- Roof in good condition

Serious cash buyers only

Thanks!

Post: Turnkey Rental (20% CoC Return) (2.26% Rent Ratio!)

Terry BrownPosted
  • Medford, NJ
  • Posts 17
  • Votes 2

Investor Special: (~20% Cash on Cash) (2.26% Rent/Purchase Price)


- 3 bed // 1 bath 1250 sqft
- Tenant occupied with lease running until Jul '18 (renting at $1200/mo)
- Laminate wood flooring
- Everything in great condition

Cash purchases only

Post: Residential Lots Ready For Building

Terry BrownPosted
  • Medford, NJ
  • Posts 17
  • Votes 2

Two Residential Lots in Willingboro with All Utilities Available.

Can purchase one or both. Great opportunity to develop in a hot investor neighborhood.

21 Excell Ln, Willingboro, NJ 08046
31 Berkshire Ln, Willingboro, NJ 08046

Assessment is $35,000 for each lot.

Asking $27,500.00 for each lot.

Cash purchases only.

Post: NJ - $285k+ ARV For Sale at $140k (Cash Only)

Terry BrownPosted
  • Medford, NJ
  • Posts 17
  • Votes 2

Deal needs to close ASAP(10/20). $65k in repairs (quoted by contractor) with an ARV of $285k+


4 bed/2.5 bath on 1.41 acres. Needs new plumbing, new roof layer, everything else cosmetic.
Built 1975

Serious cash buyers only
Thanks!

Post: South Jersey Wholesale BRRRR Deal (ARV $70k) Great Cash Flow!

Terry BrownPosted
  • Medford, NJ
  • Posts 17
  • Votes 2

@Randall Kates this is a 3/1 1000sqft

Post: South Jersey Wholesale BRRRR Deal (ARV $70k) Great Cash Flow!

Terry BrownPosted
  • Medford, NJ
  • Posts 17
  • Votes 2

15-20% CoC Return

Needs repairs ($15k to get rent-ready)

Rent - $1,250
CCMUA - $80/quarter
Taxes - $2700/yr
Insurance - $50/mo
No HOA

Monthly cash flow - $750
15-20% CoC

(More pictures available upon request)

Post: Great Flip Opportunity - $57,000 (75% already completed)

Terry BrownPosted
  • Medford, NJ
  • Posts 17
  • Votes 2

**Need to close quickly (cash only)**

Purchase Price - $57,000
ARV - $125k - $130k *(Appraised at $135,000)*
Repairs - $22k
Holding Costs - ~$900/mo
Profit - $20,000+ on 90-120 day turnaround

Comps:

2302 S Cuthbert Dr, Lindenwold - 3/1, 1356sqft, SOLD $136,000
2009 S Winthrop Ave, Lindenwold - 4/2, 1488sqft, SOLD $135,000
305 Sussex Ave, Lindenwold - 4/1, 1587sqft, SOLD $130,000

Property description:
- 1455 SqFt
- 4 bed 2 bath
- SFR colonial split
- Built 1960
- Quiet / safe neighborhood
- ***Your retail buyer will be able to take advantage of the Berlin Twp school district from this addres

Brand new items:
* roof
* heater
* plumbing
* electric
* flooring on first two levels
* paint
* windows on first two levels
* front door
* new tubs in both bathrooms.

Repairs needed - kitchen (needs cabinets and appliances), updated flooring on third level, finish both bathrooms (materials onsite included: tile, toilets, faucets. Plumbing work already completed), new garage door panel, landscaping.

Can set up showings upon request.

More pictures upon request

@Cody L. @Jay Jasunas Man I was way off. Looks like this is a referral to an agent! Thanks for the info.

Post: Intern needed by Central Florida Investor friendly Realtor

Terry BrownPosted
  • Medford, NJ
  • Posts 17
  • Votes 2

Hi John,

I would love to hear more about this opportunity and learn how I can assist you from my Fort Lauderdale location. I am a young professional currently working full-time for a software company doing consultative sales. 

Look forward to hearing from you.

Thanks!