House Hacking 101: The Smartest Way to Buy Your First Home
About this Event
Buying your first home can feel out of reach right now. Rising prices, higher interest rates, and large down payments make many first-time buyers think they need years of savings before they can get started.
House hacking can change that.
House hacking means buying a home and renting out part of it to help cover your mortgage. This could be a duplex, extra bedrooms, or another setup that generates income while you live there.
Instead of paying the full housing cost yourself, rental income can lower your monthly expenses, help you build equity, and get you started in real estate investing right away.
Homeownership remains one of the most powerful ways to build wealth. According to the Federal Reserve, the median net worth of homeowners is nearly 40 times higher than that of renters.
In this beginner-friendly class, you will learn:
- What house hacking is and how it works
- How much you may need for a down payment
- Loan options for first-time buyers
- How rental income can offset your mortgage
- What makes a good house hack
- How to evaluate a property
- How your first home can grow into a rental portfolio
You don’t need to be wealthy or experienced. This class is designed for renters and first-time buyers looking for a more affordable path to homeownership.
You’ll leave with a clear understanding of how house hacking works and the steps to get started.
Food and drinks will be provided—come hungry and bring your questions.
Space is limited. Reserve your seat and learn how your first home can lower your costs and help you build long-term wealth.
Prefer to attend via Zoom? Head to this link!
https://www.eventbrite.com/e/house-hacking-101-the-smartest-way-to-buy-your-first-home-tickets-1994236349605?aff=oddtdtcreator
Where is it happening?
Event Location & Nearby Stays:
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