All Forum Posts by: Winnie Mullins

It's in Whiteville, North Carolina (eastern NC), between Fayetteville and Myrtle Beach, South Carolina.  It wouldn't be considered a suburb of a major city.  I guess I'll call a local realtor and pick their brain for some ideas, and at least get an estimate of what it could possibly sell for.

My husband's aunt is in her 80s, and is the last surviving heir to her father's property (a little over 3 acres).  She's asking my husband to do something with the land and we don't know where to begin.  

Jesse, thank you so much for replying to my question.  I'm going to give them a shot.

Has anyone used Turboevict in New Jersey to handle the eviction process instead of directly hiring a lawyer and paying the higher fee?  If so, what was your experience?  The online reviews look great, but I'm a little skeptical.

Thank you all so much for the input. The property is located in Williamstown, Atlantic County, New Jersey. It's listed, and priced to sell, so we are praying that it sells soon. We've worked out a deal with the lender so for now, we're good. 

George, I will more than likely reach out to you in the future because our ultimate goal is to have passive rental income.  This first project is a flip, and we've gained so much valuable information.  Nothing like hands on experience.  I'm still psyched!

Hi All

I need some guidance here.  Purchased our 1st investment property back in April for $32K.  Got a hard money loan for $40K, 4 month term, for repairs in June.  The rehab started in June and was supposed to be done by the end of August, but the house wasn't finished until late October, and truth be told, we're still having some issues with our contractor...finish work, "brand new" heating unit isn't working.  The house appraised for $130K. We tried to go conventional but was told that we were denied (wasted the whole month of October on this refi) due to a short sale in 2013.  The fine print in Fannie Mae guidelines state that you have to wait a minimum of 4 years to get a mortgage after a short sale with no extenuating circumstances such as loss of income, illness, etc.  We had no extenuating circumstances, but had horrible tenants, no money for repairs and houses being sold for $30K down the street from our property which had a $200K mortgage.

What do we do now?  We are listing the house, but, it's November in New Jersey!  We're not in a hot area, so I'm expecting the house to sit for some months before it possibly sells.  

Hello All

My name is Winnie Mullins, and have a little real estate experience. I'm really excited to be here and looking toward a great future in real estate.   2 two family homes fell in my lap back in 2004 and things were going relatively well until the collapse.  One property was in Newark, the other in East Orange, and we did not have the most desirable tenants in most desirable areas, so things went down hill.  We (my husband and I) held on to those properties way too long. We short sold one in 2012, the other in 2013, so now, I can jump back in (you know that 2 year period).

Needless to say, experience was the best teacher there, and now that that experience is under my belt, I'm ready to move forward.

So, here I am currently with a one family under contract, want to fix and flip. In addition to that house, I'm also trying to push my siblings with my Mom's house to get that rented at least (she passed in June 2012), but it needs renovation. 

Currently a mutual fund paralegal by trade and like what I do, but the prospect of getting knee deep into real estate investing is just so exciting!