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House Hack Case Study and Numbers on a Duplex For Sale in Colorado

House hacking can be an amazing way to get started in real estate. The basic premise is that you buy a house as an owner occupant and rent our part of that house or another unit in the property if you buy a multiunit. When you buy as an owner occupant with an owner occupant loan you can only buy 1,2,3 or 4 unit property. Banks will not finance a 5 unit property for owner-occupants.

To show how house hacking works I tour a 2 unit property that is for sale in Greeley, Colorado. I show the property, the price, the mortgage payments, the possible rent, the value, and much more. House hacking is amazing but there is a lot to it!

A few things you need to watch out for is that the property is zoned for your intended use. That the property is in good enough shape to get an owner-occupied loan. That it will be easy to rent, and you know the rents!

I have many other resources for house hacking.
Here is an article that goes into more detail: https://investfourmore.com/house-hacking/

Here is a flip we did that would have made a great house hack and was shown in the video: https://www.youtube.com/watch?v=7xPH9N3a03w

Here is the 2 story we restored and lost some money on down the street: https://www.youtube.com/watch?v=J_inOEUhrnY&t=2110s

Here is how a mortgage works in more detail: https://www.youtube.com/watch?v=nhWJDluaOPY&t=820s

Here is how to value a property: https://www.youtube.com/watch?v=0keA0q76M7g&t=8s

How to analyze a rental and cash flow: https://www.youtube.com/watch?v=opY_IfqyMDc&t=17s
To get the free book showing how Mark Ferguson has made more than $3 million from rental properties alone click here investfourmore.com/yt

You will also get direct links to some of my most important content, notices for new articles on Investfourmore.com, and special offers.
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To see more free content on a daily basis check out the InvestFourMore Instagram page: https://www.instagram.com/investfourmore/
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The best way to get in contact with me is through the Insider. I answer any question asked there. As an Insider, you also get access to exclusive podcasts, newsletters, and advanced real estate calculators https://investfourmore.com/insider/
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The Complete Blueprint – Rental Properties, Flipping, Ect. – Direct Access to Mark https://investfourmore.com/blueprint/
My books: https://amzn.to/2VGI6a9
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Mark Ferguson’s purpose is to help as many people as he can become financially free through real estate.
Mark has been a real estate investor and real estate agent since 2001, after graduating from the University of Colorado. Mark has flipped over 200 houses and routinely flips 15 to 25 houses a year. Mark owns 190,000 square feet of rentals and is the managing broker and owner of Blue Steel Real Estate. Mark has also written 9 books that you can find on Amazon https://amzn.to/2VGI6a9
Mark started InvestFourMore in March of 2013 to discuss his rental property investing techniques. Mark expanded InvestFourMore to talk about his flipping business and real estate agent business. InvestFourMore now has 300,000 views a month and is one of the top real estate blogs.
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Instagram: https://www.instagram.com/investfourmore/
LinkedIn: https://www.linkedin.com/in/markfergusonnrba/
Twitter: https://twitter.com/investfourmore
Facebook: https://www.facebook.com/InvestFourMore/
Website: https://investfourmore.com/
House Flip Before and After Playlist: https://www.youtube.com/playlist?list=PLoQKPI7WPeHiFSiYYgYuorUP_STuYa0Vw
Lenders and Funding Resources: https://investfourmore.com/resources/lenders/

Видео House Hack Case Study and Numbers on a Duplex For Sale in Colorado канала InvestFourMore Real Estate
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17 июня 2021 г. 2:35:05
00:34:11
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