What is house hacking, and how can it benefit you? Find out right here.
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What is house hacking?
House hacking is the process of using other people to pay for your mortgage.
We’ve had several clients who have purchased a duplex, lived in one side of it, and then rented out the other side, which either covered 100% of their rent or at least a good portion of it.
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House hacking helps reduce monthly expenditures, and it’s definitely cheaper than renting. There are a lot of great duplex, triplex, and quadruplex options out there.
House hacking helps reduce monthly expenditures.
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If you’re interested in learning more about house hacking, or if you’re a first-time homebuyer, feel free to reach out to us. Let’s talk about why you should be buying a home now rather than waiting six to 12 months. We'd be happy to help you.
