Adrian Goldstein and I formed GoldKat, LLC in 2008. On August 27,2008 , we purchased our first property at 13 Pennington street in Paterson NJ. It was a three family home. Since that time we have purchased a total of 17 units. One of which we sold for a substantial profit. The rest are 100% leased with government subsidized tenants.
What made this day so special was that it was the first time we had come full circle by accomplishing our goal of purchasing multi family homes from foreclosure with cash , rehabbing them, renting them out, and then re-financing them.
A few years ago one would have thought that the easiest step would have been the refinancing, but in today’s market it turned out to be the most challenging. After working almost 16 months, with two different banks, and two brokers we finally got the deal closed. Sitting at the closing table and seeing my dream come to fruition was the most rewarding feeling I have yet to experience.
I would like to thank Adrian, my partner for giving me the opportunity and entrusting me with his capital. George, our mortgage broker for making this deal happen. Lee, our attorney for all his diligence in making sure all details were handled, Mario supply and family in Paterson NJ for support and guidance, Damian from Gelt, Inc for all his help and support and my parents for being there for me through all the ups and downs.
Thank you!
Adrian and I at our are two family home 318 Van Houten Street Paterson NJ
At the signing table
From left to right a picture taken after our closing.
George Stergiopoulos, our mortgage broker from COOPER-HOROWITZ- Jacob Katsof-Lee Levitt our attorney who has been with us since day one - and of course Adrian my partner.
Later that night we went to celebrate at a fantastic restaurant in NYC
My new partner Avner Krohn from Jasko Development joined us for dinner.
From left to right: Jacob,Adrian, Jordan (Adrians eldest son) and Avner
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