Congratulations! You’ve made the decision to buy real estate. Well what comes next?
Step 1. Save for a down payment. First time home buyer owner occupants can qualify for lower interest rate loans, with good credit scores.
Step 2. Get pre-approved for your purchase. This enables you to put in serious offers on properties and gives you a better sense of what you can afford.
Step 3. Decide what kind of house hack is right for you.
- Traditional House Hack, purchase a multi-family, rent out units and or rooms to cover your housing expenses.
- BRRRR, Buy a home, Renovate, Rent, Refinance pulling your investment out so you can Repeat the process all over again.
- Reverse Hack, leveraging the equity in your home to purchase another property as an investment, utilizing the BRRRR method, fix and flips or another strategy.
Step 4. Call or email me to discuss how to put your idea into motion and find a home that right for you!
Everyone's story is unique. Tell us yours and lets come up with a strategy together to put you on the path to financial freedom.
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