All Forum Posts by: Ryan Washer

Hello everyone,

I'm currently searching areas and doing sample analysis's for buy and hold properties. My problem is I live on Long Island, ny and can not afford anything within 2 hours of where I live (I can go as high as 80k right now). Just curious about any thoughts or ideas about starting out long distance (between 2-5 hour drive) and any ideas on which markets I should look into. Thanks!

Thank you Michael

That's my goal. This week I'm going to start talking with banks just too see what they have to say, and also to get experience talking with them.

Thanks Guy!

An excellent idea. Only their is something that comes to mind. The area I live in is not the area I plan on investing in, would that matter if I joined a local REIA?

Awesome Jon thank you

I'm looking to purchase a property around the 65k range. Would that fall below a banks minimum loan size, or does that depend on the bank? Also a few more thousand down should not be an issue as I have a few toys I had planned on selling anyway

Hello everybody,

This one of my first posts on bigger pockets so bear with me if I am a little off on something. I have been studying for a while now about buy and hold investing and figured if I keep reading about it I am never going to start. So my first step is figuring out what type of financing would be my best bet/ if I am even financially ready. I'm 23 years old with a 750 credit score and about 10k to invest. Would it be prudent to go out and start talking to banks? If so, is their anything I should know before hand?

Thanks!

Hey what's up everybody. My names Ryan, I'm from suffolk county on Long Island. I'm 22 years old and work full time as an electrician. I've been doing an extensive amount of research on real estate investing and quickly found this site. Needles to say I was overwhelmed with the wealth of knowledge biggerpockets has to offer. I had just very recently started writing a business plan to invest in buy and hold properties. Looking forward to meeting new people and learning a whole lot more! Thanks guys