Want to break into Denver real estate investing without a massive down payment? In this Fire on FIRE episode, firefighters-turned-mortgage experts Corey Sutton and Dan Janniksen reveal how first responders and other professionals can start building wealth through strategic house hacking.
Using a real-world example in Littleton, discover how you can acquire a $600,000 property with just 0-5% down and offset the monthly payments through smart house hacking strategies. Learn why working with experienced local lenders makes a crucial difference in your investment journey.
Key insights from this episode:
- How to evaluate primary residence loan options from VA to conventional financing
- Understanding the true costs behind mortgage rates and avoiding common fee surprises
- Why local expertise matters more than national lenders offering slightly lower rates
- Building your investment team of real estate professionals for long-term success
- Strategic planning tips for growing from one property to multiple investments
Whether you’re looking to purchase your first property or add to your portfolio, this episode provides practical guidance on financing options and wealth-building strategies. Learn how to make smart investment decisions while avoiding costly mistakes in today’s market.
Timestamps
(00:00) Intro
(08:36) Understanding House Hacking
(18:53) Primary Residence Loans vs. Investment Loans
(23:02) Choosing the Right Mortgage Broker
(35:00) Understanding Loan Estimates and Fees
(51:01) Strategies for Building a Property Portfolio
Links from Podcast
- Learn more about Fire on FIRE: fireonfire.org
- Follow Fire on FIRE’s latest updates on Instagram: @fireonfireinvesting
- Reach out to Paul DeSalvo and Jamin Cook: [email protected]
- Learn more about US Mortgage Solutions: usmortgagenow.com
- Follow US Mortgage Solutions’ latest updates on Facebook: US Mortgage Solutions
- Reach out to Dan Janniksen: [email protected]
- Reach out to Corey Sutton: [email protected]
Check out our other Fire on Fire Podcasts
#535: Why ‘Boring’ Wealth Building Actually Works | A Financial Expert Explains
#529: From Injured Firefighter to Financial Independence (And How You Can Do It Too)
#479: First Responder to Financial Freedom Paul DeSalvo’s Mission to Help Others Achieve Financial Freedom
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