Closing Day on Philadelphia House Hacking Property!

Conrats to Ismael & Krystal on their first home! Not only is this their first home, but it's also their first investment property. They're on their way to living rent free, while creating passive income through real estate investing.

What is House Hacking?

House hacking is a fantastic real estate investing strategy, where the investor/ home owner rents out part of their primary residence. The investor would purchase a residential multi-family property (1-4 unit properties qualify), they live in one of the units (allows the investor to qualify for an FHA mortgage, with as little as 3.5% down payment) and they rent out the other units.

Some Benefits of House Hacking 

1. You have the ability to REDUCE or ELIMIATE your housing cost- when you house hack correctly, you should be able to cover most or all of the expenses of the property. Essentially, allow you to live there for FREE, while building equity!
2. Entrance into a career of owning rental properties- real estate investing is considered the best ways to become financially indpendent. House hacking is your gateway to buying more rental properties.
3. Building wealth through passive income- from the rent you earn, the extra cash flow is profit in your pocket. You can also put it towards paying down your mortgage quickly, allowing you to build equity, save money, and put it towards purchasing your next property.

Does this sound appealing? Want to learn more about house hacking, real estate investing and more? Click HEREto join our Facebook Group- House Hack Successfully

Ready to get started? Reach out to the Zack Grimmer Group today to discuss how House Hacking can help you become financially free!

Licensed in PA, NJ, MD & DE. With strong connections nationwide!

About the Zack Grimmer Group

The Zack Grimmer Group is proudly powered by eXp Realty. The team proudly serves communities in Pennsylvania, New Jersey, Maryland and Delaware with both residential and commercial real estate sales, leasing and investing.

Zachary Grimmer: Licensed in PA, NJ & MD | Shaliah Holloman: Licensed in PA | Krystal Torres: Licensed in PA & DE

The Zack Grimmer Group is an independt contractor of eXp Realty and this is not an official release of eXp Realty, its parent eXp World Holdings, INC or any related subsidiary.