investing out of states, Pennsylvania.

[Brandon Morgan]

hi all I am new to Real estate and have been trying to buy a property for the last 2 years but it is not working out. I live in the New Jersey /New York area and prices continue to climb and they do not look like they are falling any time soon. Recently I have been thinking about investing out of the state and I noticed Pennsylvania has significantly lower prices. does anyone have any experiences with Pennsylvania, So far I have been looking around the Scranton Area. I make a little over 100k a year and have 50k currently ready for a down payment. any insight would be helpful. I am looking to buy properties to rent out preferably multifamilies, or even a flip depending on the numbers. 

[Jonathan Greene]

Scranton is a decent market, but there are plenty of interesting markets in PA. The best differential between NY/NJ investing and PA are the taxes. Minuscule in Philadelphia, but you have to know that area block by block to succeed. You can cut up your 50k into a smart downpayment and renovation budget in the right area. Some people like Bethlehem, some like Lehigh Acres, some on Stroudsburg, there are a lot of options.