Episode 52: Ethan Board - Multiple properties and no mortgage payment using house hacking in under 4 years
Feb 20, 2023•1 hr 6 min
Episode description
House Hacking: Have you heard of it? Would you believe that this is one of the strategies our guest uses to pay his mortgage? Besides conventional loans, Ethan uses house hacks to pay off his mortgage. For him, this was like getting paid while living in his own home as it enabled him to pay off his mortgage loan. Moreover, he explained why real estate investing in this manner represents a great investment opportunity.
Why it's a good idea to start now before you retire. Aside from providing you with security for the future, investments in real estate also provide you with a number of other benefits. Join us as we examine why we made the investment and why we took the risk.
Why you need to check today’s episode:
- Learn more about house hacks, and what you could do if you are having trouble paying your mortgage. What are the chances of this solution working for mortgage payments?
- Find out how to renovate your home without spending too much with real-life hacks shared by our guest
- Learn more about PMI. What are the advantages and disadvantages of this system and how does it work? Real estate investments: why should you consider them before you retire? Why you shouldn't depend on it when you grow old.