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All Forum Posts by: Jerryian Francois

Jerryian Francois has started 21 posts and replied 74 times.

Post: 2024 Wrap Up

Jerryian Francois
Posted
  • Investor
  • Miami, FL
  • Posts 76
  • Votes 37
Hey i would definitely love to be back on the show !!! I over love you guys lol but Happy holidays & hope we get to talk soon i will submit my story ASAP! Quote from @Ashley Kehr:

Wow what a turn of events for you in 2024!! I would love to talk more about having you on as a guest on the Rookie Podcast to go into how exactly you were able to handle this upset in your real estate journey.  I think this would be really insightful to other rookies who maybe have a fear of failing or are struggling right now. If you would be interested in sharing your story please apply at biggerpockets.com/guest 

Your mindest seems incredible and keep up the hard work! Happy Holidays and here is to a NEW YEAR!


Post: CA N I US E A 203 K To Fund A Rehab In

Jerryian Francois
Posted
  • Investor
  • Miami, FL
  • Posts 76
  • Votes 37
Quote from @Jonathan Klemm:

Most definitely @Jerryian Francois!

Just to confirm my understanding, you are living in a side by side duplex in Miami - you want to renovate the other side that you aren't living with a renovation loan?

You can refinance into a FHA 203k or like @Jason Wray mentioned you could even use a Fannie May homestyle renovation loan as well!  

We have helped a ton of clients with the process here in Chicago..just be sure to find a team (Agent, Lender, HUD Consultant, and General Contractor) that has done these renovation loans in the past!


 Hey thanks for the response and yes i am staying on the other side of a side by side duplex and would like to renovate my side and the other side !

Post: 2024 Wrap Up

Jerryian Francois
Posted
  • Investor
  • Miami, FL
  • Posts 76
  • Votes 37

HEY BIGGER POCKETS FAM HOPE ALL IS WELL SENDING LOVE AND PROSPERITY THIS HOLIDAY SEASON TO EVERYONE ! JUST HERE TO GIVE A QUICK RECAP OF MY 2024 SO I CAN SOMEDAY LOOK BACK AND LAUGH HOW THIS YEAR WAS A NIGHTMARE AND PRODUCTIVE ALL IN ONE LOL FUNNY ENOUGH THE YEAR STARTED ON A GREAT NOTE I WAS ABLE TO GET INTO MY FIRST FIX & FLIP  DEAL  WITH MY WIFE!! BEST DECISION I EVER DID WAS MAKE MY WIFE MY BUSINESS PARTNER THIS YEAR FELT LIKE NEW BEGINNINGS LEAVING A OLD PARTNERSHIP AND STARTING A NEW ONE LITTLE  DID WE KNOW THIS FLIP WOULD BE THE WORSE THING WE DID THIS YEAR TALK ABOUT A HOUSE THAT WOULDN'T STOP SPITTING OUT PROBLEMS FROM SQUATTERS BREAKING IN , FROM THE CITY CONSTANTLY GIVING VIOLATIONS, WE EVENTUALLY TOOK A LOSS OVER 50K OUCH!!  THAT EVENTUALLY SENT ME TO THE WORKFORCE ! I AM NOW USING MY 9-5 TO PAY OFF THE PRIVATE LENDER EVERY MONTH WE ARE SET BACK FINANCIALLY BUT THE future IS BRIGHT ! 

CURRENTLY OWN TWO DUPLEX , WE ARE HOUSE HACKING ONE OF OUR DUPLEX , WE HAVE OVER 300K IN EQUITY ! COMBINED FROM BOTH DUPLEX SO ITS ALL ABOUT PERSPECTIVE YES THIS YEAR WAS HARD AND HEART BREAKING BUT ITS ALL ABOUT THE RESPONSE AFTER GETTING KNOCKED DOWN ! 

EVEN THOUGH EVERYTHING WENT WRONG THIS YEAR IM STILL OPTIMISTIC MY CONFIDENCE ISNT WAVERED AND IM MORE DETERMINED TO REACH MY REAL ESTATE GOALS I SAY THIS TO SAY NEVER GIVE UP !!! NO MATTER HOW HARD OR DARK IT GET KEEP GOING !!  

Post: CA N I US E A 203 K To Fund A Rehab In

Jerryian Francois
Posted
  • Investor
  • Miami, FL
  • Posts 76
  • Votes 37
Quote from @Jason Wray:

Yes, you can use an FHA 203K program or even convert it to Fannie mae and use a renovation loan if the LTC/ARV allows.

Cool thanks for the info! 

Post: CA N I US E A 203 K To Fund A Rehab In

Jerryian Francois
Posted
  • Investor
  • Miami, FL
  • Posts 76
  • Votes 37

HEY GUYS JUST WANTED TO KNOW IS IT POSSIBLE TO GET FUNDING FOR A LIVE IN FLIP IM CURRENTLY ONE SIDE AND WOULD LOVE TO REHAB THE WHOLE PROPERTY I GOT IN USING FHA ! CAN I USE A 203 TO FUND THE REHAB??

Post: Looking to connect with some wholesalers in Miami !!

Jerryian Francois
Posted
  • Investor
  • Miami, FL
  • Posts 76
  • Votes 37
Quote from @Jack Phillips:

Same here with me. Cant find anyone in NJ to work with... might have to move to miami to work with you lol


 Lol man it’s lonely out here in Miami on BiggerPockets !!  

Post: Looking to connect with some wholesalers in Miami !!

Jerryian Francois
Posted
  • Investor
  • Miami, FL
  • Posts 76
  • Votes 37
Quote from @David Ramirez:

Miami is such a different market compared to the rest of Florida. I used to live in the Miami/Fort Lauderdale area, but since I moved to Tampa in 2020 to build my real estate company, I've never looked back, lol. We actually market 25 of the largest counties in Florida, excluding Miami-Dade and Broward.

Hey that’s awesome congratulations would love to hear more on why you exclude Miami and broward would love to connect I sent a request ! 

Post: Looking to connect with some wholesalers in Miami !!

Jerryian Francois
Posted
  • Investor
  • Miami, FL
  • Posts 76
  • Votes 37
Quote from @Hans Waisfeld:
I am a real estate agent down here in Miami Jerryian, but I am always looking and sending clients off-market deals and in a few months I will be ready for my first flip

bless.
Would love if you can add me to the list on off market deals I sent a friend request ! 

Post: Looking to connect with some wholesalers in Miami !!

Jerryian Francois
Posted
  • Investor
  • Miami, FL
  • Posts 76
  • Votes 37
Quote from @Ray Hage:

Hey Jerryian, talk to my friend @Mike Barone. Guy has some great wholesaling experience.


 Thanks I sent over a friend request ! 

Post: Looking to connect with some wholesalers in Miami !!

Jerryian Francois
Posted
  • Investor
  • Miami, FL
  • Posts 76
  • Votes 37

Hey guys hope all is well man I feel like I’m the only person on BiggerPockets in Miami lol 😭 let’s connect wholesalers looking for any wholesalers in the Miami or broward area ! Let’s connect!! Miami