House Hacking Using Your Tax Return

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  • เผยแพร่เมื่อ 11 ม.ค. 2025

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  • @Luxurious.shayyy
    @Luxurious.shayyy 10 หลายเดือนก่อน +1

    Do u suggest using your 401k and your tax return to buy a first time home? You don’t necessarily have to save the 10k

    • @MelaninMommyMillionaire
      @MelaninMommyMillionaire  10 หลายเดือนก่อน

      Yes, if you have access to your 401k combining that with your tax return is a great way to get started. Any extra income you have can go towards furnishing your home or other expenses. When your home appreciates you can pull out some equity as early as 6 months after closing for home improvements or another investment.

    • @ECUALATIN
      @ECUALATIN 8 หลายเดือนก่อน

      How you can buy your second with not much down payment?

    • @alisonparker7305
      @alisonparker7305 8 หลายเดือนก่อน

      @@ECUALATIN Hi. You can use owner financing, hard $, take equity out of your first home, pay cash for it, partner, use your 401k/403B and your tax return (as Mariam) stated.