Episode 06: House Hacking

On this episode of The Loans Elevated Podcast, Broch speaks about house hacking! Before sharing his best house hacking tips that will allow you to amplify your wealth through home owner ship and simple strategies, Broch encourages you to leave some feedback about the podcast! Broch encourages you to let him know on Instagram if you have found the content so far valuable. Broch’s first house hacking tip is for those who want to build a rental portfolio, the buy rent, buy rent strategy. Broch discusses the importance of primary residences and how they allow you to put the least amount of money down whilst offering the best possible financing terms. Broch shares how you can purchase a primary residence with 5% down payment, live in it for 1 year, move out and purchase a second primary residence and rent the first one out with optimal loan terms. However, if you are someone who doesn’t want to build a rental portfolio but still want to create wealth through real estate then Broch’s second house hacking strategy is for you. This one is all about riding the appreciation wave. If you purchase a home and live in it for two years then you can benefit off the15% year over year appreciation that we are currently seeing. Broch shares a final house hacking strategy before expressing how everyone situation is different. Broch is here to help so if you would like him to walk you through what your specific options are then reach out through email or Instagram! Send us Fan Mail 🎙 Loans Elevated Podcast Clear, strategic conversations on mortgages, real estate, and home financing — designed to help you make confident, informed decisions without the hype. Hosted by Loans Elevated, presented by The Lassig Team at CrossCountry Mortgage. 🔗 Resources & links: https://lassigteam.com 📲 Follow us on Instagram & Facebook: @loanselevated Hosts: Broch Lassig - Branch Manager | NMLS 340314 TJ Heidenreich - Sales Manager | NMLS 1802412 Ryan King - Loan Officer | NMLS 1870771 Branch NMLS 2048956 Equal Housing Opportunity. All loans subject to underwriting approval. Certain restrictions may apply. CrossCountry Mortgage, LLC | NMLS 3029 www.nmlsconsumeraccess.org This podcast is for educational purposes only and does not constitute financial, legal, or tax advice. Consult a qualified professional regarding your individual situation.