All Forum Posts by: Josh Willis

Hi Josh, that is amazing! I would say try to save a little bit more. If I had ten thousand liquid cash to spend, I'd probably do a house hack two-family and obtain an FHA loan with only 3.5% down. I'd say if you saved maybe between twenty to thirty thousand dollars, you'd be in slightly better position. It doesn't hurt to go over the numbers with a lender though who could give a breakdown of what a closing might look like depending on your buy box. Overall, I think this would be the best strategy. A house hack for a primary residence for about two years and then you could repeat this again. It all depends on what your goals are. Hope this helps and best of luck!

@Josh Willis

House hacking involves buying a small multi-family property and renting out units to cover mortgages. Partnering with others can reduce risk and access better deals. Wholesaling, investing in REITs, private lending, and micro-investing platforms can diversify properties. Preparing for a BRRRR can involve buying distressed properties, rehabbing, renting, refinancing, and repeating. Short-term rentals on platforms like Airbnb or VRBO can cover costs. Education and networking can help refine strategies.

Good luck!

@Josh Willis I’d look to househack. Especially since on a 1-4 unit property you can get low down payments, 3.5-5% down.

If my partner wasn’t risk adverse and unwilling to move frequently I would buy a new property every 1-1&1/2 years using this method.