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All Forum Posts by: Paul Rumolo

Paul Rumolo has started 7 posts and replied 34 times.

Post: Indianapolis, In Contacts Needed

Paul RumoloPosted
  • Rental Property Investor
  • Lincoln, CA
  • Posts 35
  • Votes 12

Hi all I'm an out of state investor looking into the Indianapolis market. Wanting to connect with brokers and property management. Any connections and or feedback much appreciated. Thanks

Post: Greater Sacramento Area Meetup

Paul RumoloPosted
  • Rental Property Investor
  • Lincoln, CA
  • Posts 35
  • Votes 12

Hi all interested in setting up a meet up group for individuals in the greater Sacramento area looking to invest out of state. Would love to network and share my story. Anyone interested please PM me and will get something going. Thanks

Post: How much to put away for taxes

Paul RumoloPosted
  • Rental Property Investor
  • Lincoln, CA
  • Posts 35
  • Votes 12
Hello all, I am a newbie and about to close on a couple of properties here within the next month. Had a question in regards to how much tax money should I be putting aside each month from my monthly net income. Any feedback is much appreciated. Thanks

Post: California Newbie looking to invest out of state

Paul RumoloPosted
  • Rental Property Investor
  • Lincoln, CA
  • Posts 35
  • Votes 12
Thanks Sabrina never thought about Florida. I will take a look. Thanks again

Post: Thank you Bigger Pockets! From 0 to 15 Doors in a Year!

Paul RumoloPosted
  • Rental Property Investor
  • Lincoln, CA
  • Posts 35
  • Votes 12
@Anthony White Congrats on all your success. I as well live in CA trying to invest out of state. Could you pass along your agents info out in Memphis. Trying to connect and network out that way. Thanks in advance

Post: California Newbie looking to invest out of state

Paul RumoloPosted
  • Rental Property Investor
  • Lincoln, CA
  • Posts 35
  • Votes 12
Hello all I am a newbie in northern CA and have been on the hunt for a MFH for the last 4 months or so with no luck. Haven't found too many deals as the market is quite high. I have been throwing around the idea of investing out of state. For those who have and have had success any advice or guidance is much appreciated. Thanks

Post: Creative Financing Help

Paul RumoloPosted
  • Rental Property Investor
  • Lincoln, CA
  • Posts 35
  • Votes 12
Originally posted by @Lee Ripma:
@Paul Rumolo Add value to this one, refinance, buy another one!

So essentially utilize the Brrrr strategy?  So in order to refinance I have to wait 6 months of seasoning?

Would anybody recommend a portfolio loan?

Post: Creative Financing Help

Paul RumoloPosted
  • Rental Property Investor
  • Lincoln, CA
  • Posts 35
  • Votes 12

Hello all, I am a newbie ready to close on my first multifamily property in the Sacramento area. I pulled a HELOC on my primary to finance our new purchase. Was wanting to get any ideas or contacts I can utilize moving forward when it comes to financing the next one. Any feedback is much appreciated. Thanks

Post: Newbie Sacramento, CA

Paul RumoloPosted
  • Rental Property Investor
  • Lincoln, CA
  • Posts 35
  • Votes 12
Originally posted by @Attila Bertalan:
@Paul Rumolo Welcome to BP and the Best of Luck to you and your partner in all future real estate endeavors!

Post: Newbie Sacramento, CA

Paul RumoloPosted
  • Rental Property Investor
  • Lincoln, CA
  • Posts 35
  • Votes 12

Hi Joann looks as though you are a lender. Wondering if your company offers any creative financing for individuals like myself.  Trying to utilize the Brrr strategy and put down the least amount of money. Any feedback is much appreciated. Thanks