House Hacking:
Make More Money With Less Down and Live For Free
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My first house hacking was my first primary residence.
Although I technically became a landlord, I didn’t consider myself a real estate investor.
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I sold that property at my first opportunity. However,
if I only understood real estate investing strategies, I would have never let that property go!
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Fast forward, and I now own multiple investment properties in my local real estate market.
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What is House Hacking?
House hacking is when an owner lives in their property and rents out other parts of the property.
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Benefits of House Hacking
House hacking provides multiple benefits, especially to rookie investors.
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The first big benefit of house hacking is living rent-free! The tenants are the ones paying back the debt service.
Live Rent-Free
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Lenders offer lower interest rates to people who will occupy their property compared to investors who do not.
Financing
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