Miami realtor Ryan Waugaman helps clients leverage Bitcoin for homeownership through crypto-backed mortgages, offering an alternative financing option.

MIAMI, FL, UNITED STATES, April 17, 2024 /EINPresswire.com/ -- As Miami's real estate market and Bitcoin continue to reach new heights, Ryan, a licensed real estate agent with Compass, is helping navigate the innovative world of crypto-backed mortgages.

“Many people are hesitant to sell their Bitcoin to purchase real estate, fearing they might miss out on future growth potential,” says Ryan. “Crypto-backed mortgages offer a solution, allowing them to leverage their digital assets for homeownership while holding onto their Bitcoin.”

Ryan Waugaman brings a wealth of knowledge to the table, guiding clients through the intricacies of crypto mortgages. Here's what he clarifies:

• Benefits: Hold onto Bitcoin while investing in real estate, potentially benefiting from both markets.
• Process: A mortgage broker secures your Bitcoin during the loan term, similar to a traditional mortgage.
• Considerations: These are non-qualified loans, potentially with higher interest rates and stricter qualifications. Margin calls are a risk if the Bitcoin value falls significantly.

Ryan emphasizes the importance of understanding the risks involved. However, crypto-backed mortgages offer a compelling solution for those seeking alternative financing options.

About Ryan Waugaman

Ryan is a licensed real estate agent with Compass, a leading technology-enabled real estate brokerage. With a deep understanding of Miami's market and a focus on innovative solutions, he is dedicated to helping clients achieve their real estate goals.

Ryan Waugaman
+1 832-506-0967
ryan.waugaman@compass.com
Compass
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