Buying His First Rental Property with $6K at Just 23 Years Old!

Buying His First Rental Property with $6K at Just 23 Years Old!

Your first rental property is much closer than you think. You don’t need tens of thousands saved up to buy an investment property—today’s guest proves it! Ty Lewis was just twenty-three years old when he decided to start house hacking, but having so much drive this young didn’t come out of the blue. Ty’s father passed away a few years ago, just after he started laying plans to build his dream business. To honor his father and to leave nothing to chance, Ty made it his goal to start investing well before the average American.

Now, Ty gets paid to live in his own house, as he rents out one side of his duplex and a room in his unit. The best part about this deal? Ty only had to put down around $6,000 to start his real estate portfolio, and you may be able to, too! In today’s video, Ty walks through how he funded this deal for just three percent down, the cash flow he’s currently making, and how he plans on using this property to expand his portfolio EVEN more!

Want to buy your first rental property FASTER? Stick around—Ty will teach you how!

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House Hacking 101: What It Is and How to Get Started:
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Watch Another Episode of “How I Started”:
https://youtube.com/playlist?list=PL-okcLQEqzRHkMdEhQWKjx7p-uH05eloJ&si=IZPDHlFghw1b75LB
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Connect with Ty:
BiggerPockets: https://www.biggerpockets.com/users/tyl37?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagram: @tylewie or https://www.instagram.com/tylewie/
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Connect with Noah:
BiggerPockets: https://www.biggerpockets.com/users/noahb98?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagram: @makinbaconrei or https://www.instagram.com/makinbaconrei/

00:00 A HUGE Wake-Up Call
03:21 Low Money Down Investing
05:44 Starting with Just $6K!
09:54 The Downsides of House Hacking
11:55 Building a Real Estate Portfolio!
14:13 Connect with Ty!


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