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All Forum Posts by: Frankie Paterno

Frankie Paterno has started 17 posts and replied 56 times.

Post: If You Had $100K, How Would You Invest It?

Frankie PaternoPosted
  • Staten Island, NY
  • Posts 59
  • Votes 35

Im sitting on 3-500k just for real estate and Im still stuck, I just partnered with a builder to let my money work 300k for 1 1/2 years for 75k return 

Post: Scale rentals or Build

Frankie PaternoPosted
  • Staten Island, NY
  • Posts 59
  • Votes 35

@Nicholas L. And that my friend, is why my 1.2M is legit sitting still lol Dont want to make the wrong decision! 

Post: Scale rentals or Build

Frankie PaternoPosted
  • Staten Island, NY
  • Posts 59
  • Votes 35

Hello BP community! I got about 1.2M sitting and would really like to put it to work, I only own 1 SFR in Staten Island. My general idea? Im currently networking to partner up with a home builder here in Staten Island and build Semis on empty land. Im really interested in buying some cashflowing rentals in Ohio, Indiana, Arkansas, maybe the Carolinas. Id generally like to buy and refinance 6 months to 1 year down the line and scale up bigger rentals.
Id appreciate any and all comments as much backfeed as I can get. If youd like to network send me a DM ! 

@Jay Hinrichs Im also interested in lending .. I got about 1.2M just sitting here would like to put to work. 

Post: What areas are currently cashflowing

Frankie PaternoPosted
  • Staten Island, NY
  • Posts 59
  • Votes 35

Good Morning,

What areas are still cashflowing and I can scoop up and hold? Is Ohio/Indiana/arkansas over-saturated now? Looking to network with realtors and investors in the game! Cash ready. 

Post: Looking to network

Frankie PaternoPosted
  • Staten Island, NY
  • Posts 59
  • Votes 35

Thanks man!

Post: Looking to network

Frankie PaternoPosted
  • Staten Island, NY
  • Posts 59
  • Votes 35

Hello everyone, hope everyone is well! My names Frankie Im 27 years old from NYC. I currently own a SFH in Staten Island, NY, I am a real estate fanatic ever since I could remember. Ive recently come into a large amount of $ due to an injury settlement and im looking to do all great things thru real estate with it. Im looking to network and work with other likeminded investors/realtors/lenders etc.

Looking forward to hearing from you! 

Post: Looking for inputs on rental investment areas !

Frankie PaternoPosted
  • Staten Island, NY
  • Posts 59
  • Votes 35

Hey everyone ! Im currently looking for my first OOS SFR/duplex,Curious as to what states are recommended looking to stay in the 100-120k range. Looking for cash flowing rentals that I can later refinance to acquire more investment properties. Thanks in advance !

Have a question about your process .. so you got a hard money loan to fund the deal/rehab and then when it was completed you refinanced to a different loan? Having trouble following the process you took just curious cause I’m looking for my first property as well. 

Post: NYC Out of State Investors

Frankie PaternoPosted
  • Staten Island, NY
  • Posts 59
  • Votes 35

Hi everyone ! My names Frankie I’m late to the party I’m from Staten Island Ny and am looking for local like minding people to meet and connect with ! If you guys are meeting again I’d love to join please !!