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Updated about 8 years ago on . Most recent reply

David Edelstein's profile image
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David Edelstein
  • Investor
  • from North East, PA
  • Member since Jan 29, 2016
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David Edelstein's profile image
David Edelstein's profile image
David Edelstein
  • Investor
  • from North East, PA
  • Member since Jan 29, 2016
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David Edelstein
  • Investor
  • North East, PA
3
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Went into contract, looking for 1031 properties.

David Edelstein
  • Investor
  • North East, PA
Posted

I just went into contract on the sale of a NYC apartment and am looking for suitable 1031 replacement properties. I'm interested in multi-family properties within 2-hours of NYC, especially in Wilkes-Barre / Scranton area as well as anywhere along the I-80 corridor from NYC to PA. Will have $1 mill cash, interested in leveraging it to maximize cash flow. Ideally looking for 10-11 cap rates. 

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