In this video, I'll share with you how to become a millionaire investing in real estate using a simple strategy called house hacking. Recently, I received a question from a subscriber and I thought this was the perfect opportunity to talk about this strategy. Check it out! If you enjoyed this video and want to support me please leave a LIKE, write a comment on this video and Share it with your friends. You can also subscribe to my channel by clicking the following link: https://www.youtube.com/jamelgibbs?sub_confirmation=1 … and click the 🔔 icon to get notifications every time I post new videos! Timeline: 0:00 Prelude 0:10 Introduction 1:15 Should I purchase a primary residence or investment first? 2:00 The American dream 2:41 What most people forget 2:56 Why your primary residence is a liability 4:04 Here’s what I would do 4:28 FHA loans explained 5:31 Down payment requirement explained 6:41 Other requirements for house hacking 7:23 Your choice 8:01 My thoughts in house hacking 9:08 How residential real estate in America works 10:17 House hacking explained 12:03 How to scale the house hacking method 13:04 How to double up on the investment opportunities 14:08 How to put your cash flowing properties on steroids 15:10 Fannie Mae guidelines for residential real estate purchases 15:43 How to become a multimillionaire in real estate 16:28 How to come up with the down payment 17:39 Closing comments ⬇️ RESOURCES ⬇️ Get Multiple Seller Lead Sources Here: http://reieducationacademy.com/leads-software or you can start pulling vacant property leads here: http://reieducationacademy.com/vacantleads 💻 Check out Jamel's new Investor Deal Pro Software Here: 💻 https://investordealpro.com/ 👇🏾 SUBSCRIBE TO JAMEL'S YOUTUBE CHANNEL ASAP 👇🏾 http://www.youtube.com/c/jamelgibbs 🔥Check out these Top Trending Playlist:🔥 1.) Wholesaling Real Estate Training Videos - https://www.youtube.com/playlist?list=PLMgpVklTHvsOCfOoIJu7IoozR4tozwydS 2.) Jamel Gibbs Vlog - https://www.youtube.com/playlist?list=PLF481F7949D1DE6EB Who is Jamel Gibbs? Jamel Gibbs is a successful real estate investor and educator. He is the owner of Mill Street Properties LLC, a successful real estate investing firm. He is also the owner of the REI Education Academy LLC, which is a successful real estate investment education firm and publishing company that teaches their clients how to build successful real estate investing businesses. Jamel coaches and consults people all across the country in an effort to help them achieve true financial freedom through real estate investing. If you think your business might benefit from one-on-one interaction with Jamel and his team, visit https://reieducationacademy.com 🤝 NEED SOLID REAL ESTATE INVESTING COACHING? 🤝 Request a call with Jamel or a team member: info@reieducationacademy.com (Add "Coaching" in the subject line) 🔥 ADD ME ON SOCIAL MEDIA 🔥 Blog: http://reieducationacademy.com/blog FaceBook: https://www.facebook.com/thejamelgibbs/ Instagram: https://www.instagram.com/jamelgibbs/ Twitter: https://twitter.com/itsjamelgibbs YouTube: http://www.youtube.com/c/jamelgibbs Linkedin: https://www.linkedin.com/in/jamelgibbs TikTok: https://www.tiktok.com/@jamelgibbs 🎙️ CHECK OUT MY PODCAST 🎙️ Podcast: Jamel Gibbs' Real Estate Investing Podcast (ON ALL MAJOR PODCASTING PLATFORMS) 📞 QUESTIONS ABOUT PRODUCTS & SERVICES? CONTACT SUPPORT http://reieducationacademy.com/support Earnings Disclaimer: The statements in this email are not to be interpreted as a promise or guarantee of earnings. As with any business, your results will vary and will be based on your desire, dedication, effort, ability to follow directions, and an infinite number of variables beyond our control. See full disclosures here: http://reieducationacademy.com/earnings-disclosures #howtobecomeamillionaireinvestinginrealestate #jamelgibbs #househacking #realestateinvesting