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Updated over 8 years ago on . Most recent reply

User Stats

186
Posts
42
Votes
CJ Berina
  • Lender
  • Northridge, CA
42
Votes |
186
Posts

House Hack with No Money

CJ Berina
  • Lender
  • Northridge, CA
Posted

Hi, I honestly don't have much money to buy a house. But I'm able to move in, land lord the house, and execute the house hack. What moves can I possible make to make this happen?

Find a partner to invest in the deal?

etc. What can I do to house hack with no money down?

  • CJ Berina
  • Most Popular Reply

    User Stats

    6,055
    Posts
    5,100
    Votes
    John Warren
    • Real Estate Broker
    • 3412 S. Harlem Avenue Riverside, IL 60546
    5,100
    Votes |
    6,055
    Posts
    John Warren
    • Real Estate Broker
    • 3412 S. Harlem Avenue Riverside, IL 60546
    Replied

    @CJ Berina I would recommend that you save 3-6 months of expenses before you take on a house hack. Real estate is one of the most amazing wealth generators you can find, but it is a cash intensive sport. The only thing house hacking does is allow you to put down a small amount of money. After you own the property, you will immediately have to pay for any repairs that come up!

  • John Warren
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