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Updated over 3 years ago on . Most recent reply

User Stats

7
Posts
7
Votes
Aaron Maleh
  • Investor
  • Brooklyn, NY
7
Votes |
7
Posts

Arizona Investment

Aaron Maleh
  • Investor
  • Brooklyn, NY
Posted

My family has been investing in New York real estate for about 30 years now but I am now looking seriously into Arizona for better cash flow on my investment. I'd love to hear from Arizona investors and get there feed back. If you are interested in being part of my Arizona team feel free to contact me as well .

Thank You!

Most Popular Reply

User Stats

193
Posts
75
Votes
Eric Schleif
  • Commercial Mortgage Underwriter / Broker
  • New York City, NY
75
Votes |
193
Posts
Eric Schleif
  • Commercial Mortgage Underwriter / Broker
  • New York City, NY
Replied

You will certainly find better cap rates in Arizona when compared the NYC metro area. On the finance side, I've been fairly active in AZ. A few months ago we were working on a retail mall in Phoenix and I'm currently working on a large multi-family acquisition. I'm not sure who your NY banking relationships are with, but there a few NY banks we place a lot business with who are aggressively lending in AZ. If you have any questions on underwriting or need any assistance in obtaining financing let me know. 

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