Buying a Home & Becoming an Investor
Hey Gen-Zers, here's an affordable way to buy a home and become an investor at the same time - and it's easier than you think!
I can teach you how to house hack with a little money down and using other people's money to finance your mortgage.
Step 1: Find a home and the lower end of your budget and make sure it has enough room to put yourself in and your roommates in.
Step 2: Save up money and put as little as 3.5% down payment on this new home. (Keep in mind that if this was an investment property you'd have to put down 20%.)
Step 3: Find friends and roommates to rent out each room in your house. Your roommates are now going to cover most of your mortgage. This is going to help you build equity and put some savings aside for your next venture. This can be done for your next property and the next. Before you know it, you're gonna be both a homeowner and investor.
Want some more information on how to make this process work for you? Reach out! We’d be happy to discuss if this is a good option for you.