In this video, we’re going to talk about a strategy called ‘house hacking’ which is a great way for first-time home buyers to get into the real estate market and start building equity. Essentially, house hacking is the practice of buying a multi-unit property and living in one unit while renting out the others. This allows you to offset your living expenses by collecting rental income from the other units. One of the benefits of house hacking is that it can help you qualify for a mortgage with a higher loan amount. Additionally, the rental income can help you pay off your mortgage faster.

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