All Forum Posts by: Randall Kates

@Grant Merrill congrats good work, You hit the 1% there is not a whole lot of equity going forward do you plan to hold it for a while and tap into a HELOC? I know the average bank scale at 75-80% LTV

From a strictly Real Estate and  Non Political standpoint,We  know  from the new  administration and it's  background of  real estate,  times will be  favorable  for  RE investors. My question has  a few  facets. How  exactly??  What will be some of the  tell-tale  signs  that will stand on the obvious side  and what may be   some of  those  signs that  are more subtle after the smoke clears. Will these   regulations  effect mostly the big wig  commercial class  investors and their  markets  or will the  smaller investors  reap the benefits  just the same ?? This  should be  good :)

@Michael Cohen Nice! That is  definitely new  news  to me  and  definitely  notable  info that one  will use  when strategizing on the  correct market  to invest in when  going for this  hat trick.

@Andrew Postell sweet thanks  for  clarifying :)

I purchased a duplex property last year and refinanced out of my FHA 203k loan into a really nice conventional. I spoke with a friend of mines who has experience with Annie Mac Mortgage I explained that i wanted to move again this time and purchase a three or four unit using another FHA 203k. He explained that this maneuver would draw red flags from FHA and that this is not possible. He says that their are some conditions in which it may work and one example was if I moved closer to my company and it being a shorter distance. Is this fact or fiction? Welcoming folks to chime in!!

Crickets So Far, Figure I'll have to repost in another section.

Hello I am a Keller Williams realtor who specializes in investment properties in south jersey and philly. Rather than join the list of suitors you can message me and we can discuss the outlay of the market and best products and areas for the highest possible ROI on your money.

I purchased a duplex property last year and refinanced out of my FHA 203k loan into a really nice conventional. I spoke with a friend of mines who has experience with Annie Mac Mortgage I explained that i wanted to move again this time and purchase a three or four unit using another FHA 203k. He explained that this maneuver would draw red flags from FHA and that this is not possible. He says that their are some conditions in which it may work and one example was if I moved closer to my company and it being a shorter distance. Is this fact or fiction? Welcoming folks to chime in!!

@Keven Vanegas @Tyron White We may have  to do a  Biggerpockets  meetup  event  for  south jersey I  was  just  listening to a podcast on BP  of  doing  some  when there  haven't been any. Would love to connect with you fellows.

Please put me on your  list  [email protected]