All Forum Posts by: Ryan Muska

Welcome to the REI community!

If you ever want to discuss financial possibilities, I'd love to connect!

When using Redfin, Realtor.com, Zillow, or any other main stream homes website, skip the new ones and filter by the oldest on the market. Those people will be more inclined to sell at a discount and you can get those "good deals."

Also check out Craigslist and FaceBook marketplace, but be wary of scams. 

Also, solidify an A+ team: Realtor, Financing professional (Mortgage broker, HML, PML), Wholesaler, etc.

Always look for creative financing. It'll be in the weirdest of places. 

That being said, get a salaried position if you can out of college. House hacking a multi unit will be a good place to start, especially if you do not have a lot of money to put down. Then work on the property and make it better and a year from now you can do it all over again!

I always recommend landlord-friendly states: Florida, Ohio, Texas, Pennsylvania, Alabama, Georgia, etc.

Read the laws of the areas/states in the price range you'd like to purchase at and go from there. Also, build up a team there, starting with an investor-focued real estate agent. They will be your best friend. 

As far as the ship sailing in CA, there is opportunity everywhere, you just need to find it. 

If you'd ever like to talk opportunities, goals, or just want some insight, I'd love to connect!

FHA, 3.5% down payment. I'm not sure of it will work with a non-arms length transaction.

Also, if you are buying from family. Why not get a gift of equity to use as your down payment?

Gift of Equity --> instead of receiving a monetary gift, the family can gift you some of the equity in the property. Banks will allow you to use this gift as a down payment.

In terms of paying off your tax debt...yeah that is going to be something banks will need to know about. 

If you want to discuss over the phone, let's connect! I'd love to get more insight into the situation!

Hey, I may be able to provide some insight. Let's connect!

Congrats on becoming a realtor! 

Tip: find a good mortgage broker to refer your clients to. Having a good financial institution behind you will help you secure quality clients.

If you ever would like to discuss your career goals as well as your personal goals, I'd love to provide some insight!

Hey Nico! 

I invest in PA and am currently looking to expand my portfolio into the Scranton area. 

While I don't currently own properties there, I do finance purchases all the time in PA. I'd love to connect if you ever would like to discuss any options you may have or just talk about ideas/goals!

Always work with a mortgage broker. 9 times out of 10 a mortgage broker is going to beat the rates that a bank/lender is going to be able to provide themselves. 

I'd love to connect, if you ever would like to discuss!

Jersey City is one of the most up and coming areas I've seen right now. Then you can look into The Brunswicks, seeing a lot of movement there. Really anywhere in Northeast NJ that is not riddled with crime is very good.