How to Buy Your First Rental Property (Even If You're Broke)

You don’t need $100,000 saved up to buy your first rental property. In this episode, Thach breaks down a powerful strategy called house hacking where you live in one part of your home and rent out the rest to offset your mortgage. Using a real-life example from a student who bought a Seattle home with just 5% down, you'll learn how to: ✅ Start investing with little money ✅ Rent out rooms or build an ADU to lower your housing costs ✅ Create long-term cash flow and equity ✅ Use current zoning laws to your advantage ✅ Access 100% construction financing (yes, really) ✅ Follow a 5-step roadmap to buy your first property Whether you're brand new to real estate or just looking for a smart way to get started, this video gives you the blueprint. 👇 Want mentorship and hands-on help? Join Springboard to Wealth https://learn.springboardtowealth.com... SPRINGBOARD TO WEALTH FUNDING: https://www.sbtwfunding.com/ For business inquiries, partnerships, sponsorships, and collaborations: 📧 [email protected] About Thach Nguyen: Thach Nguyen came to America as a homeless refugee from Vietnam in 1975. Since then, he’s become a multi-millionaire, CEO & Founder of Thach Real Estate Group, and principal of Springboard to Wealth. Over the last 30+ years, he’s built 300+ homes, completed 100+ flips, and now owns 100+ rental properties—bringing in over $100K/month in passive income. He’s helped over 1,500 families become homeowners and now mentors the next generation of real estate investors to build wealth through real estate. Follow on Instagram 📲   / thachnguyen   Timestamps 00:00 – You don’t need $100K to start investing 00:40 – What is house hacking? 01:30 – Real example: Student’s Seattle deal 02:20 – Monthly costs & rental breakdown 04:20 – Basement rental + future upgrades 06:00 – Building an ADU for major cash flow 08:50 – How to get 100% construction financing 09:20 – 5 steps to buy your first house hack 11:15 – Final thoughts: Why this works for beginners