Starting out with house hacking, but uncertain about long term scaling

[Kevin Duong]

Hi community!

I plan to get a property later this year and employ the house-hacking strategy (I already have the funds for downpayment and closing). One thing I'm struggling to grasp is scaling. I understand that I can buy and move into the next property after a year... but that is only one house a year.

I have heard that scaling through partnerships and DSCR loans is an avenue, but are there other ways to scale quickly with little cash on hand?

I would love to hear your thoughts because I want to accelerate my path to freedom!

[Jonathan Greene]

The biggest epidemic in the real estate investing world right now for new investors is scaling. It's good to put together a long-term plan, but I have never understood how someone with 0 properties is more worried about how to scale then how to build the foundation correctly.

You are putting the cart before the horse. Don't worry about scaling. You might not even like being a house hack landlord. Find an asset, house hack it, see what you like and what you don't like. Without a little cash on hand, scaling isn't an option unless you are partnering and talking about partnering on real estate deals before you have even done one is a recipe for long-term analysis paralysis.