All Forum Posts by: Michael Kalisch

In this day and age. With all the information out there, how does this still happen?

I guess there still aren't enough podcasts, forums, books. 

wouldhave started educating myself on the subject a few years earlier.

your best bet is a hard money company.

I have worked with 'fund that flip' 

You can also try 'assat based lending' they are a local nj hard money company 

I am looking for a wholsaler or reo broker for 3-4 unit buildings in newark nj can be a full rehab.

 Sent you a pm, thanks.

Looking for 2-4 family properties in newark nj could be full reahb. 

 Airmont is 30 min from mahattan and its 99% single family houses, and the avrage cap rates are way less the 9% more like 4-6%

The property that im asking about is in hudson county, northern nj.

 Thanks for replying.

If you dont mind explaing how is that calculated? 

The monthly mortgage p&i payment vs actual rent?

 Thanks for replying.

CoStar looks like  is a paid service. What are they charging, and what services do they provide?

Im analyzing a 6 family deal in NJ and trying to figure out the value after filling up the units and getting market rent. 

After all repairs and At market rent the cap rate will be at 8%

So what is the the cap rate that banks use to determine the value of the property?