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All Forum Posts by: Ryan Randall

Ryan Randall has started 7 posts and replied 40 times.

Post: Share your grand-slam deals

Ryan RandallPosted
  • Nashua, NH
  • Posts 42
  • Votes 67

I know people have had some amazing deals on here, that have potentially altered the course of their lives. Curious to hear your stories.

Post: Stuck - Never refinance?

Ryan RandallPosted
  • Nashua, NH
  • Posts 42
  • Votes 67

Thanks, sounds like HELOC is my best bet. Or, I could just sit on it since it cashflows well

Post: Stuck - Never refinance?

Ryan RandallPosted
  • Nashua, NH
  • Posts 42
  • Votes 67

I got lucky, and bought in 2020. I secured a 2.25% 30 year fixed interest rate on a 4 unit MFH.

Now, I have a significant amount of equity in the property, and I'm wondering the best way to access it (if at all?). 

I'm currently house hacking, but at some point my wife/I would like to buy a house of our own. As part of that, I'd like to tap into some of my current equity, but I don't know that it makes sense. 

I guess I'm asking, for everyone w/ super low interest rates, what are you doing? Just sitting on that rate for the life of the loan? Refinancing? HELOC? Something else?

Any help is appreciated

Post: I did it! Bought my first multi!

Ryan RandallPosted
  • Nashua, NH
  • Posts 42
  • Votes 67

Congrats man. I live and invest in Dover as well. I might actually know the Duplex you bought. Feel free to connect w/ me if your interested. Happy to connect w/ other local investors.

Post: A Parable: The Investor Who Wouldn’t Let Go

Ryan RandallPosted
  • Nashua, NH
  • Posts 42
  • Votes 67

This is an AI post.

Quote from @James Wise:
Quote from @Ryan Randall:

I'd put Cleveland up there as well. A large part of Ohio is seemingly the "perfect" investment for everyone but the people doing the actual selling.


 Ask your barber if you need a haircut playa. Tis the way of the world.

 Meh. Good investments don't get spammed to random strangers on the internet.

My barber doesn't stand on the side of the street and tell everyone who walks by they need to get a bowl cut.

I'd put Cleveland up there as well. A large part of Ohio is seemingly the "perfect" investment for everyone but the people doing the actual selling.

Post: Loan options for 50-100k

Ryan RandallPosted
  • Nashua, NH
  • Posts 42
  • Votes 67

Probably not the advice your looking for, but I'll give it anyway since I've been down this road. I wouldn't touch the <100k properties...if you're looking to build long-term wealth.

There's a good chance they will burn you.

Post: HELP - Insurance requiring Fire Alarm?

Ryan RandallPosted
  • Nashua, NH
  • Posts 42
  • Votes 67
Quote from @Colleen F.:

@Ryan Randall  talk to the fire marshall and get a copy from them of any local restrictions.  It looks like something was revised but not clear what it is. Centrally connected seems over the top. 


 Yeah, that's a good idea. Thank you

Post: HELP - Insurance requiring Fire Alarm?

Ryan RandallPosted
  • Nashua, NH
  • Posts 42
  • Votes 67
Quote from @Ryan Coburn:

Hey Ryan - I just went through this with my property in Rollinsford. Very old, so to rebuild with exact materials exceeded the maximum on the original residential policy I had in place with Andover after their inspection. Because of other liabilities (pool, more than 2 units, etc) it was brutal to find something. I did end up getting offers for a surplus lines residential policy, and then landed on a business owner policy through Vermont Mutual. I’m happy to connect you to brokers who sorted it out, 2 agencies I trust, just let me know. 


 That would be great. I'm just over in Dover