Let’s talk about one of the easiest ways to start building wealth in real estate—without
needing a six-figure income, perfect credit, or a huge down payment.
It’s called house hacking, and it’s the strategy that lets you live for free while your tenants
pay your mortgage.
I’ve seen people go from paying rent to owning multiple properties using this method, and
today, I’m going to show you exactly how you can do the same—even if you’re a first-time
homebuyer with limited cash.
By the end of this guide, you’ll know:
How to buy your first property with as little as 3.5% down
How to turn your home into an income-producing asset
How to go from one house-hack to owning multiple properties
A real-world case study showing how a $250,000 house can make you $1,500/month
Let’s get into it.
What Is House Hacking & Why Should You Care?
House hacking is a strategy where you buy a property, live in one part, and rent out the
other units or rooms to cover your mortgage.
This means you’re not just buying a house—you’re buying an income-generating asset that
pays for itself.
Example of a House Hack:
1. Buy a duplex, triplex, or fourplex (live in one unit, rent the others).
2. Rent out extra rooms in a single-family home (like a mini-Airbnb).
3. Convert a basement, garage, or attic into a rental unit.