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11 January 2025 | 2 replies
I used to do BRRRR strategy here but now only do flips and help with others' house hacking or flipping.I had to move my BRRRR strategy side of the business to Tyler Texas.Are you still investing locally or only out of state?
13 January 2025 | 21 replies
Hey Account Closed - I highly suggest using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.
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9 January 2025 | 5 replies
I'd say just start your search with all 2-4 unit properties, and when you find one where the numbers make sense and it checks your other boxes (somewhere you actually want to live and house hack), then it probably makes sense.
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15 January 2025 | 39 replies
Or explore a 40B lottery condo purchase and look into house-hacking.
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7 January 2025 | 3 replies
I’d recommend focusing on building connections in Denver, exploring local markets, and considering strategies like house hacking or buy-and-hold investments to help you reach your goal of becoming a millionaire by 2027.Good luck!
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8 January 2025 | 6 replies
At 19, house hacking is the best option if you have the downpayment and closing costs set aside.
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16 January 2025 | 17 replies
Buying two rentals in one year can be a challenge, but there are creative ways to make it happen:House Hack the Duplex: Buy the owner-occupied duplex first.
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9 January 2025 | 1 reply
In 2025 does it make sense to build a 4plex and house hack it or is it better to buy existing multi-family?
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14 January 2025 | 3 replies
I've read many of the BiggerPockets books like - House Hacking- Flipping- Estimating Rehabs- Multifamily Millionaire Book I and II- How to Invest in Real Estate with Low or No Money Down- Investing from a Distanceand even some outside of themand have been wanting to do something in Real Estate for awhile.
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13 January 2025 | 14 replies
Start by leveraging what you already have—consider tapping into equity through a HELOC, house hacking again with an FHA loan, or increasing cash flow by converting a unit to a short-term rental.