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!
🎙 Welcome to the Loans Elevated Podcast!
Your go-to source for expert insights on mortgages, real estate trends, and home financing strategies. Whether you're a first-time homebuyer, real estate agent, or seasoned investor, we break down key topics to help you make informed financial decisions.
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Hosted by:
📢 Broch Lassig, Branch Manager NMLS340314
📢 TJ Heidenreich, Sales Manager NMLS1802412
📢 Ryan King, Loan Officer NMLS1870771
Branch NMLS2048956
Equal Housing Opportunity. All loans subject to underwriting approval. Certain restrictions apply. Call for details.
CrossCountry Mortgage, LLC. NMLS3029 (www.nmlsconsumeraccess.org)
🔹 Disclaimer: The information in this podcast is for educational purposes only and not a substitute for professional financial, legal, or tax advice. Always consult with a qualified professional before making financial decisions.
