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The House Hacking Success Course
In this episode Matt Porcaro (@the203kway) gives us his background and how he became an expert in understanding the 203k loan. He will show you how he used a 203k loan and how it funded his rehab and added over $100,000 of equity to his property!
•He teaches us how to connect with the necessary people to pull off a 203k loan! Why using it can be like using training wheels to understand flipping and renovating homes!
•Matt gives us his “60 second hack” to find experienced FHA 203k lenders who will know how to close and execute your deal!
•He tells us the top 3 things that newbies get stuck on when getting started in real estate!
•He tells us how to pick contractors!
•He explains how long we must live in the project!
We also learn the best strategies to approaching a 203k loan and why it's a great idea for your first or next house hack!
Click here to check out the203kway masterclass!
Click here to get Matt's free ebook
Links:
5 Reasons You Should Househack!
10 Ways to Finance Your Househack!
Using Facebook as a Real Estate Resource!
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUSEHACK to 22828!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
Click here to download our FREE eBook
The House Hacking Success Course
In this episode, we get into the details of house hacking and how you can use it to live rent-free. House hacking is by far the best way to get started in real estate. It allows you to buy a rental property for 0-5% and live for free when you move in. When you move out, you get to keep the property as a cash-flowing rental. This is how people build a real estate portfolio with low money down. Tune in if you want to get started as a real estate investor with low risk.
Links:
5 Reasons You Should Househack!
10 Ways to Finance Your Househack!
Using Facebook as a Real Estate Resource!
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUSEHACK to 22828!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
Click here to download our FREE eBook
The House Hacking Success Course
Episode #1 Brad LaBrie explains the process of BRRRR'ing and how he took a house hack and added over $100,000 of value to the property while living for free!
He also explains why he transitioned from house flipper to house hacker and how he has lived rent-free in two multi-family apartments thanks to house hacking. Listen to learn how you can live rent-free too!
Also discussed on the podcast:
- How Brad lost $10,000 on his first deal
- What he did right and wrong with his first live-in flip
- Why he partnered on a flip and how it created enormous confidence and vision
- How he took a 3-unit property and turned it into 4-units
- How he bought his second multi-unit with 0% down using the creative financing of seller financing
- His favorite real estate book Retire Early with Real Estate by Chad Carson
- His favorite finance book Set For Life by Scott Trench
Links:
5 Reasons You Should Househack!
10 Ways to Finance Your Househack!
Using Facebook as a Real Estate Resource!
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUSEHACK to 22828!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
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