The Corcoran Group: Luxury International Real Estate
Alexy entered the market using a technique sometimes called home hacking, a time period coined by BiggerPockets, an internet useful resource for real estate investors. It basically means you’re occupying your funding property, either by renting out rooms, as Alexy did, or by renting out units in a multi-unit constructing. David Meyer, vice president Real Estate of data and analytics on the site, says home hacking lets traders buy a property with up to four models and still qualify for a residential loan. They know the local market, so they can discover a property that meets your most essential criteria.…