Frank Tamburrino
Webster, NY (USA)
Role(s):
Founder/Owner/Principal
Roc City funding
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Startup
Location:
Webster
Industry:
Real Estate
Year Founded:
2007
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
We are primarily a property management company with currently 100+ managed properties with 5%. We do own about 20 units ourselfs and have opportunites to purchase quality properties at wholesale prices. We are looking for private lenders/Self-directed IRA's, etc. to expand our portfolio. We currently are paying between 8-10%, ammortized for 7-10 years with a $1,000 pre-payment penalty when sold. We have many examples of current properties, all showing great cap rates & cash flow.