Live for FREE by House-Hacking

Описание к видео Live for FREE by House-Hacking

If you're tired of paying rent (or a mortgage) every month, you may want to look into house-hacking. House-hacking is the concept of buying a 2-4 unit property, living in one of the units, and renting the remaining units out to help cover your expenses, allowing you to live rent-free in a lot of cases.

This is something I've considered doing for years! The key is saving up enough to cover your initial costs, like a down payment. The good news is you can purchase a 2-4 unit property with an FHA loan using only 3.5% down. This makes the barrier to entry far more accessible to the average person and can help you achieve financial freedom more easily.

In this video, I break down the concept, the possibilities, and the drawbacks. It's important to be aware of all the potential expenses you may encounter when employing this strategy, so I hope this video serves as a good jumping-off point for you to continue learning about investing in small multi-family properties!

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