Use House Hacking Strategies On Multi-Family Properties To Get Into Investing

Use House Hacking Strategies On Multi-Family Properties To Get Into Investing, updated 7/15/20, 4:14 PM

A new case study has been launched by FI by REI through their House Hacking Podcast. It shows how house hacking can be a viable start to any real estate portfolio. Find out more at: https://fibyrei.com/house-hacking-case-study-6

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Use House Hacking
Strategies On Multi-
Family Properties To Get
Into Investing
FI by REI, the specialists in helping clients to achieve
financial independence, have launched a new house
hacking series
This new case study reveals just
how helpful house hacking can
be to kickstart your real estate
investor journey!
It features in-depth case studies on real-life purchases and how
the buyer has used house hacking to positive effect.
You can replicate these solutions
and utilize house hacking to dive
into real estate and start bringing in
more money!
The newly launched study shows that Ryan Short first
heard about house hacking in 2016.
The property had two three-
bedroom units, a two-bedroom
unit, and a one-bedroom unit.
After moving into the property, Ryan decided to renovate
both of the three-bedroom units.
After renovating these units, Ryan
was able to rent one three-bedroom
unit for $1,350 and the second for
$1,450 while living in the third unit.
Ryan was able to build equity while living for free in
this property.
He has been able to use the equity
built in this house to finance his
next real estate purchase of a 7-
unit property with a cashout
refinance.
Anyone interested in the idea of house hacking can find out
more through FI by REI.
They have a guide to house
hacking on their site, along with
the House Hacking Podcast and
more case studies.
Find out more at FIbyREI.com