Denver Investment Real Estate

Denver Investment Real Estate


#538: How to House Hack a Property from a 3% Cap Rate to Cash Flowing Asset

December 03, 2024

How can you turn a $525k triplex into your next house hack and maximize returns with Section 8 tenants? In this episode, we break down how an experienced investor spotted and acquired his 8th house hack triplex in the Denver market with Section 8 tenants. Join us as we sit down with the House Hacking expert Jeff White, Agent Jennifer Reinhardt, and Lender Troy Howell to examine how this deal came together using Fannie Mae’s 5% down program.



https://youtu.be/WxtAdxLMpuE

Key insights from this episode:



  • Side-by-side triplex strategy in Southwest Denver with Section 8 rents exceeding market rates by 50%
  • Using Fannie Mae’s 5% down program while optimizing tax strategies for maximum loan qualification
  • Understanding Denver’s C-class property opportunities amid rising operating costs and new regulations
  • Building relationships and structuring win-win deals between active investors and sellers seeking passive income

Whether you’re an experienced investor or just getting started, this real-world deal analysis offers practical insights for finding and financing your next multifamily property. Learn how to spot opportunities, navigate complex financing, and create win-win transactions in today’s market.


Timestamps

(02:35) How to Actually Find a Deal


(08:42) Navigating Financing and Tax Strategies


(21:17) Investment Plan and Market Analysis


(30:31) The 1031 Exchange and Future Investments


Links from Podcast

Nova Home Loans: https://troyhowell.novahomeloans.com


Atlas Real Estate: https://ambitionpropertyinvestments.com


Email Troy Howell: troy.howell@novahomeloans.com



Email Jeff White: jeff@envisionrea.com



Email Jennifer Reinhardt: jennifer@realatlas.com


Who is Nova Home Loans?

For over 40 years, we’ve been focused on helping homeowners find the perfect loan to fit their financial needs and personal goals. Working with NOVA is a personalized experience from initial application to final loan closing and beyond. We will be with you every step of the way toward successful homeownership. Start working with NOVA & Troy Howell today!


NOVA FINANCIAL & INVESTMENT CORPORATION, DBA NOVA HOME LOANS NMLS 3087/ EQUAL HOUSING OPPORTUNITY/8055 EAST TUFTS AVENUE, SUITE 101/DENVER, CO