Updated over 3 years ago on . Most recent reply
$0 down house hack | first time home buyers
I just had some clients close on a new house hack for $0 down. The numbers on this are pretty incredible so I wanted to share:
purchase price: 539k
Down payment: $0
Closing costs: $12k
Seller credit: $6k
Interest rate:4.8%!
Total out of pocket: 6k!
They closed on a nextgen house with an attached casita and the anticipated rent is 2k /month.
This could be a game changer for first time home owners who want to househack!