Make More Money With Less Down and Live For Free
My first house hacking was my first primary residence.
Although I technically became a landlord, I didn’t consider myself a real estate investor.
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!
Fast forward, and I now own multiple investment properties in my local real estate market.
What is House Hacking?
House hacking is when an owner lives in their property and rents out other parts of the property.
Benefits of House Hacking
House hacking provides multiple benefits, especially to rookie investors.
The first big benefit of house hacking is living rent-free! The tenants are the ones paying back the debt service.
Lenders offer lower interest rates to people who will occupy their property compared to investors who do not.
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