How I Bought A House For $0
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- Опубликовано: 16 июн 2024
- 👀 WATCH THIS NEXT: Why I stopped buying single family real estate (& started playing pickleball!)
• I Stopped Investing in...
Let's get into the details!
In today's video, I'd like to share with you how I was able to house hack my way into not just a multifamily real estate property, but to living nearly for free AND paying $0 for this house.
Stay tuned, because on my real estate investing journey, I've been making content about how to get started in real estate investing for beginners, and house hacking was the start of that. I also have done wholesale real estate, and used the capital from wholesaling real estate to start flipping houses and to use the brrrr method or brrrr strategy to build my rental portfolio and learn how to make passive income and cash flow.
Check out the links below for more :)
Learn wholesaling from me on Zoom at my Beginner's Bootcamp
bit.ly/3ErPvR4
Connect with me on Instagram
/ liliinvests
Get my wholesaling deal calculator and other tools
bit.ly/3V8Mdbc
Get a 7-Day free trial of Propstream
trial.propstreampro.com/lili/
Get a 7-Day free trial of DealMachine
dealmachine.app.link/lili
Watch these next
-Wholesaling My First Deal Series (8 episodes!):
• Wholesaling My First D...
-All About Wholesaling Playlist
• How to Wholesale Real ...
-All About House Hacking Playlist
• House Hacking
Read these
Listen to them on Audible for free: amzn.to/2Xgfc0l
Read them on Kindle for free: amzn.to/317xhii
- Richest Man in Babylon: amzn.to/2Bq7A3u
- The ABCs of Real Estate Investing: amzn.to/2zTE4mg
- The Book on Rental Property Investing: amzn.to/304Q917
- The BRRRR Investing Book: amzn.to/3gQRteB
- Rich Dad, Poor Dad: amzn.to/38PeIDe
- The Millionaire Real Estate Agent: amzn.to/300H4pN
- Never Split the Difference: amzn.to/2IdouWH
some of the above links may be affiliate links, meaning I make a small commission on the sale at no extra cost to you
![The Perfect BRRRR Deal [$63,369.76 Check at Closing!]](http://i.ytimg.com/vi/f_UBu_GQnbI/mqdefault.jpg)
![The Perfect BRRRR Deal [$63,369.76 Check at Closing!]](/img/tr.png)
![Buying My First Apartment Complex! | Q&A [Episode 3]](http://i.ytimg.com/vi/qLHEq4bNSuY/mqdefault.jpg)
What are your thoughts on house hacking?? COMMENT BELOW!
You're an amazing person Lili! Would definitely love to meet you one day! Maybe even do a JV over a hot tea!
Can you house hack a 4plex
I'm considering selling my single family house to buy a house hack 4 unit.
I'm a veteran so that helped with my downpayment... also the "first time homeowner" perks apply after only a year... so I'm in property two still as a first time buyer...
I am in New Jersey, working towards getting a Fourplex myself
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
I suggest you offset your real estate and get into stocks, A recession as bad as it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short-time buy and sell opportunities too. This is not financial advice but get buying, cash isn’t king at all at this time!
You are right! I’ve diversified my 350K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $730k in net profit across high dividend yield stocks, ETF and bonds.
I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Pray for Discernment when your renters move into that property so you will get the suitable tenant that will bring harmony and respect to the home. Best Wishes to ALL.
Or screen your tenants and do background checks
@@pamelamolina5623 you can do both if desired :)
Call all references and ask about their experience with potential renter. Call their employer to verify employment and salary. Get a rental deposit. Pay for a credit check on rental. If they have a car, check how clean they keep their car. This is an indicator of how clean they will keep your rental.
@@kenyonbissett3512 Good points
With discernment and your intuition leading, one can NEVER go wrong. Wise advice Sabrina because really, its not just about money etc.. human beings are messy and can be very cruel and disrespectful.
I’m 22 & when you said you did this at 23 you really boosted my confidence in looking for a home. THANK YOU! Subbed.
Me too, 👍
My baby sister bought hers at 22 -So you def can do it 👏
I'm 23 and brought 5 acres deeded and we just got our 2nd tiny home
Good luck it’s going to be HARD
one of the best real estate investing videos ive ever seen. most of these videos are just commercials for guys to sell their classes. great content
I cannot believe you explained this convoluted industry called home buying in just eleven minutes! I’ve been reading and watching others “explain” the process of becoming a homebuyer for weeks! Along came your video I feel more hopeful after your explanation! Thank you!
Lol glad to hear it was helpful!
@@Liliinvests I hope since I subscribed and pushing like to all your videos I'm going to watch every one of them that if I need any extra notes from you I can reach you too
She's the REAL MVP
Maybe because you watched all those videos you can fully grasp what she is saying in this video. I'm still confused on what she's talking about. 😒
@un bezo She is saying if you want to live mortgage free, buy a multi unit property, rent out part of it. If you have low credit and no cash, get down payment assistance and an fha loan. Talk to a mortgage person if you want to apply
1:48 This was the biggest flex! The UCONN women's basketball team is one of the best teams ever. Well done, Lili!
I want to purchase this home in Colorado. The home is 300,000. And my biggest issue was the down…so you’ve given me hope! I pay 2175 in rent for my apartment. The mortgage would be 1400 for a home! You’ve given me hope! Thank you!
You are such an impressive young woman - thank you for this information! I am buying my first home at 36 years old and am trying to learn as much as I can. This is so helpful.
Lili, aside from real estate, looking at your highlights you was a BALLER 🔥🔥
I Love that you didnt turn this into some waste of time drawn out Program like most people do on RUclips. Clear and concise while engaging us into what you have to say. You’re wonderful and informative! I’m so doing this!!
I live in California so it’ll be a bit tough but I’m going to give it a try! Thanks girl! You’ve got a new subscriber!
I’m in Cali too. Best of luck to you
That's awesome!!! Great job. Will definitely check out your other content
Right on time!!! You be dropping gems💎💎💎
Lili, I just came across you channel! I love your content and genuinity. Keep up the great information!
I subscribed within a couple minutes! I enjoy hearing you speak and you're encouraging me as a senior! Thanks!
Hey girl. I just subscribed, you have great info & a wonderful delivery. I look forward to the rest of your videos if they are this entertaining 👍
Yesss you are the GOAT 🐐 Legendary Baller 🔥🔥🔥🔥 this info is so helpful & can’t wait to check out all the content
I love your videos Lili! You have taught me so much and I am fairly experienced. Keep up the good work and mush success to you!
Loved watching you play.. thanks for the great advice ❤️
Wow! What a great and informative video! You give away so much free information that it's crazy. Your channel is pure gold.
I really appreciate the delivery of your content being very clear and to the point!
Real estate has really taken over my life and I’m not mad at it 😂🤌🏾 keep em coming Lili!
Sameeeee
Teach me!!
I love real estate
Real estate is the best!!
Teach me too I’ve been watching Lili videos in understand it but j need help 🙈
Thank u Lili for the information!!! U rock!!!
Girrrrl! Lovelyl Thanks for sharing such valuable information. The way you explain it, it actually sounds doabie. You've given me hope.
Awesome video! Much success to you Lili.
My first time here but I had to subscribe and 👍 because your delivery is awesome, look forward to hearing more, I'll need your experience to help me, thanks so much Lili
Thank you for the most understandable explanation of house buying I've ever heard. Well done! ~ Lisa
Wow Ms. Lili you just broadened my horizons. Thank you for your easy to understand methods and tips. Praying for your continued success
WOW, your story is an inspiration, I feel your energy and love it. thank you for what you do. . .
Lili you are so amazing, this is the best short video I have ever watched on real estate. 👍🏾👍🏾👍🏾 keep it up
So proud of you Lili, hopefully I can be making the same strides soon!
You're super inspiring. Thank you so much for sharing your journey. ✨🙏✨❣️
Wow! This is AMAZING information! 👏🏼 Thank you for being transparent! This process is not as bad as I thought!
Excellent info in eleven minutes I have learned more than I ever have...Thank you!
Wow your like a breath of fresh air in the way you broke everything down.I completey understood this and it was a nice touch to learn a little more about you and how you got to this point.
Baby Girl!! This is an AMAZING Introduction to HH, Purchasing, loan programs...You have made this look easy and feel stress free!! Thank you so much!💕
This is amazing! And you made it so much easier to understand. Thank you 😊
you're videos are amazing thank you so much! i've been studying for a couple months and about ready to put plans into action. knowledge to create financial freedom to start living instead of just surviving so you can provide for you and your family is priceless. keep making these great videos!!!!
I absolutely loved your content in this video. Your delivery, story, explanation, detailed information, and flow was the best I’ve ever seen in a video. This video was clear, interesting, informative and captivating.
I’m definitely Subscribing to your channel and learning more from you.
Thank you for not coming off as a sales woman or click bait, holding back on the key information.
She makes it very clear and easy to understand for those who are new to learning about real estate!
I’m definitely subscribing!
Wow you explained the process perfectly in close to 10 mins🤯. I bought my home a few yrs ago using this method. New subbie 👍🏾
Thank you sis!!! I just subscribed to your channel this helped me out so much!
Thanks for subbing!
23yr-old! OMG. What I've done with my life? I feel like an absolute loser. All praises to you Lili. You're going to be a real estate mogul. Cheers!
Stop comparing yourself. Her journey is t your journey. Be inspired, create a new mindset and redirect ur path.
@@shaneomanutd2196: Hey, Yoda... ole great wise one. RELAX!
I really love you so much for blessing us with this 💎 may your pockets never run dry. Thank you very much and I honestly cannot wait to start this journey.
lili was getting buckets in college glad to see you still getting buckets
Woah! You are absolutely amazing. I saw you hooping on the court. Unstoppable.
I received your info from a business partner, and Ms Lili, thank you in advance. Your ENERGY, 🩸and way of explaining, IS WHY I KEEP WATCHING YOU!!! Awesome!
I appreciate that!!!
Love you, love the information you are giving. Much appreciated, you go girl !
✊🏾✊🏾
Going to get started. Thank you so much for this video. Im currently in uni so I relate to this.
Dam I wished I saw your video sooner. Thank you so much for making this video. This video has been a major health on opening my eyes on the subject you're talking about. I'm so going to watch so many of your other videos. Thank you again and I'm a huge fan of your Channel
Love it! Thanks so much for sharing!
Lilli , excellent video! Thank you.
I just found your channel and you as so I formative. Sometimes when I’m watching other RUclipsrs talk about doing this, it always feels like there’s a catch, but I don’t get that feeling from you. Congrats and you’ve earned another subscriber. 🙂
Wowzers.... first time seeing your channel and I just wanna say Your incredibly awesome an very smart!! I love your positivity *need more ppl like you in the world!! Keep it up 💯🙏🏽😎 .... new sub over here!!
It works for me! Great job Lili! I like your style
One of the best content if not THE BEST!!! I've seen in months. You are beautiful, smart, talented, aaaand generous. Thank you so much for sharing this incredible gem with us.🤗🙏🏻💖
Wow.. u r heaven sent.. I'm looking into buying & I've learned so much just by watching u. Thank u...
Subscribed!
Great info !!!
Keep grinding you are way beyond your years!!!
U r an awesome person ! Just subscribed❤️❤️so informative
You explained this so clearly! When I watch other videos, I always get lost.. they start dragging things out too much 😑 But this was perfect! You make me feel like I can actually do this as a 24 (almost 25) year old 😊 Thank you!
Great video. Glad I stumbled upon it!
THANK YOU SO MUCH!!! I don't feel as overwhelmed now!
You made this the most understandable, thank you!!
Super informative and that’s dope you were a true baller 🏀. Big shout out from Baltimore. Salute!!! 💯💪🏽
I just now found your channel. Your informative and encouraging video gained yourself a new subscriber and added a pretty new color to that 👍 button.
Boom 💥 great notification on a Saturday morning, Lili!
Notification gang 💪🏾
Thank you so much for this info. I'm almost 30 and I've had a goal for the last 3yrs to buy a house by 30 and honestly I was starting to loose faith bkz of finances!!! This video really is an inspiration for me. I'm proud of you for figuring it out at such a young age and building that stability and general wealth 👏🏾 💪🏾 🙌🏾
Your video just was recommended to me by RUclips in the feed… new subscriber!! Nice info.
This is by far the absolute best real estate video I’ve ever seen. I’m in tears right now because this has completely changed my situation. Thank you so much!
Love this! Thank you
I’m in the process of getting a signal family home and I Just started watching your channel and I’m loving all the info✊🏽♥️
You’re a blessing. Fr. Thank you
Love the new intro!
You are awesome, thanks for helping us! Much love and respect!
Wow this is great info. Thanks for sharing.
Hello new friend. LoL. I'm definitely going to binge your channel as I prepare to sell and start over. Good sense info. Great energy too.
Thank you for the content!
Congrats to you and you did a wonderful job on this video and the education you provided.
Thanks!
I haven’t even finished the video yet but I love you already! My daughter is a ball player , I’m new to Real Estate and we both have locs so I’m already subbing!! ❤❤
God bless you. Thank you so much. You are helping people who feel stuck and want better for themselves and their family's. Thank you.
Rose golden... Sounds like your ready to explore opportunities. Anything specific you can share on?? Will be back to find reply.
Hey lili I would like to say u doin a good job keep up good work and I would like to learn more thanks
Appreciate what your doing. My dghtr is high school baller and turned her on to your channel. Keep doing your thing QUEEN.
AMAZING CONTENT!!! Thank YOU!!!
You're so brilliant with great visions.
Thank you for sharing these vital information.
Really inspired by your wise decisions 👍
dang girl!! You're pretty talented!! You should be proud!!
This is such a SUPER video, thank you. I hope to put it to good use.
Best of luck!
This is very useful Lili, thanks for sharing! --- I like the way your video is set-up by the way, how did you get the lighting to look that way?
Thank you for this. This is very hopeful.
You are a Beast ! You'r so gifted ! Much Luv !
I like the video it was very straightforward and I learn something new today. Thanks.
Wow! You have so much smart content. Thanks for sharing your personal story too!
🙏🏾🙏🏾
GIRL YOU'RE A GENIUS!! THANK YOU LIL SIS!
This is wonderful information..Thank you
Lilli...you are blessed and very smart good for you hun God bless
Great Info! This helped me very much! Definitely got my Sub!🙌🏾💯 Thanks so much Black Queen!👸🏽❤✊🏿
Hi Lili. I bought my first home which was a duplex when I was 24 years old. I had never heard of the term house hacking back then, but it turns out that’s what I did. You are a great inspiration and motivation to many (especially young) future and current investors. I have had a real estate license for 20 years in two states and never heard of a down payment assistance program. I read through many of the comments and did not see this question. However if it was already asked I apologize. Is the down payment assistance program an additional loan that you have to pay back like a second mortgage or is a grant that you do not have to pay back (unless you sell within 5 years)? As a realtor my greatest joy is when I see the smile on my buyer’s face when I help them purchase their first home. That is what motivates me more than the commission check. Congratulations on all of your success and keep the videos coming. I met a few of your followers while showing my listings.
I had goosebumps watching this....Go girl!!!
BRAVO👏👏 LADY L.
Great Info!!!. I definitely enjoy your podcasts very informative Continued success 2U👍🏿.
Thanks so much!
"change the color of the like button" is a pretty cool way of wording that! thanks for this awesome and super informative video. I've heard of some down payment assistance but this was the first video I have watched that explained it so well. Gives me hope and I guess I will see if I can qualify!
Wow, my mother's cousin was a Globetrotter in the 60's. He was like an uncle to me, a tall uncle, Billie Barnes. Congrats Lili!