Hey Brandon! I’m a missionary in Cambodia using real estate to fund mission work. Happy to share our story if you think that would resonate with some of your audience: using real estate as a tool for making a positive difference.
Great video, and basically how I did it too. I reached FI in 4 years with 8 properties that I fixed up one after another. Very powerful strategy! Thanks Brandon - you were actually the reason that got me started in the first place! ❤
it's possible, but it’s definitely not easy. I started with a small investment too, and the key is to leverage your money wisely. I think the first step is finding undervalued properties or those in up-and-coming area
Right, and it's not just about buying one property and hoping it appreciates. You have to be strategic about how you grow your portfolio. For example, using that $10,000 for a down payment on a rental property and then reinvesting the profits to buy more.
Yeah, I’ve done something similar. My advisor helped me identify properties that were cash-flow positive from the start, so I wasn’t sinking my money into a property that would take years to pay off. It’s all about making the right moves early on.
Having someone guide you definitely makes a difference. I didn’t realize how many variables there were when it came to real estate-tax implications, local market trends, and how to finance multiple properties without overleveraging. My advisor, Joseph Nick Cahill, has been instrumental in helping me navigate those waters.
The premise of only having $10k doesn't mesh with the ability to get approval for a 1.2 million 3.5% down fixer upper loan. If you earn like that why do you only have $10k?
I bought 4 properties VA loan, eventually I would pay each down a bit and refi out. Today, 3 are rentals, and 1 my primary, which I only pay $350 after my rents come in. I'll put cash into the property, refi out of my VA loan in another year (2 yrs living in property to reduce taxes) and then move again. Each time using my VA loan and then refi out to conventional to restore eligibility.
EXCELLENT. Thank you so much for the knowledge, it is a tremendous public service. The FHA 203k loan is new information to me. That alone is worth the price of the video! (Just teasing, it's all fantastic info)
Who's going to give you the Million Dollar Loan when you only have $100,000 and $60,000 a year income? I must be missing something if this is very doable.
Interesting. Hard for sure, but worth a try? What if you just bought a home two years ago? Sell it, or keep it and still try the house-hacking thing? Thank you for sharing Brandon!
what is your opinion on3d printed houses and other AI technology effect on real estate properties? Will they lower the prices and make them less valuable because they can build so many properties so quickly?
Good content! But where would anyone find property that only requires $25k down without living there assuming he’s doing live and flip the $1M house. This video was a good motivational speech.
FHA loan only requires 3.5% down payment. And no, this doesn't work everywhere, best in tertiary markets. You have to do this over and over a few times before you get to that $1M.
![How I Turned $10,500 into $210,000 at 19 (in 90 days) [Beginner Real Estate]](http://i.ytimg.com/vi/fnFWKmDGGUU/mqdefault.jpg)
Hey Brandon! I’m a missionary in Cambodia using real estate to fund mission work. Happy to share our story if you think that would resonate with some of your audience: using real estate as a tool for making a positive difference.
Great video, and basically how I did it too. I reached FI in 4 years with 8 properties that I fixed up one after another. Very powerful strategy! Thanks Brandon - you were actually the reason that got me started in the first place! ❤
What market , congrats
@@zeekflash6924 thanks. Metro Detroit
it's possible, but it’s definitely not easy. I started with a small investment too, and the key is to leverage your money wisely. I think the first step is finding undervalued properties or those in up-and-coming area
Right, and it's not just about buying one property and hoping it appreciates. You have to be strategic about how you grow your portfolio. For example, using that $10,000 for a down payment on a rental property and then reinvesting the profits to buy more.
Yeah, I’ve done something similar. My advisor helped me identify properties that were cash-flow positive from the start, so I wasn’t sinking my money into a property that would take years to pay off. It’s all about making the right moves early on.
Having someone guide you definitely makes a difference. I didn’t realize how many variables there were when it came to real estate-tax implications, local market trends, and how to finance multiple properties without overleveraging. My advisor, Joseph Nick Cahill, has been instrumental in helping me navigate those waters.
The premise of only having $10k doesn't mesh with the ability to get approval for a 1.2 million 3.5% down fixer upper loan. If you earn like that why do you only have $10k?
I bought 4 properties VA loan, eventually I would pay each down a bit and refi out. Today, 3 are rentals, and 1 my primary, which I only pay $350 after my rents come in. I'll put cash into the property, refi out of my VA loan in another year (2 yrs living in property to reduce taxes) and then move again. Each time using my VA loan and then refi out to conventional to restore eligibility.
More than doable...I did it it differently but I KNOW this works! Brandon knows his stuff!
EXCELLENT. Thank you so much for the knowledge, it is a tremendous public service. The FHA 203k loan is new information to me. That alone is worth the price of the video!
(Just teasing, it's all fantastic info)
Who's going to give you the Million Dollar Loan when you only have $100,000 and $60,000 a year income?
I must be missing something if this is very doable.
Honestly I would say. 6 I’m not willing to move if I have to give up the place I was born in.
Interesting. Hard for sure, but worth a try? What if you just bought a home two years ago? Sell it, or keep it and still try the house-hacking thing? Thank you for sharing Brandon!
Good video, I’m in the middle of the same thing and it definitely works!! :)
I don't use Instagram can I send "Horse" here?
It’s definitely doable
Powerful video
Money!
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Could you hold a 4-plex in an LLC, live in one and still sell the entire building as a personal property sake after 24 months (no cap gains tax)?
10
what is your opinion on3d printed houses and other AI technology effect on real estate properties? Will they lower the prices and make them less valuable because they can build so many properties so quickly?
Definitely illuminating. Thank you.
It really works. Thanks Brandon for all the free content of the last few years. It’s been instrumental in my real estate journey
Don’t u have to wait , couple of yrs to use fha loan again , or can it be used month after your sale of house
Good content! But where would anyone find property that only requires $25k down without living there assuming he’s doing live and flip the $1M house. This video was a good motivational speech.
FHA loan only requires 3.5% down payment. And no, this doesn't work everywhere, best in tertiary markets. You have to do this over and over a few times before you get to that $1M.
Good work Brandon! It's Doable!
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