Lenndy vs House Hacking

Lenndy is a straightforward P2P platform that focuses on consumer and business loans. It is known for its simplicity and ease of use, making it a good choice for beginners who want to get started with P2P lending without a steep learning curve. The platform offers a Buyback Guarantee on most loans, providing a layer of security. While it may not have the bells and whistles of larger platforms, Len...

House hacking involves purchasing a multi-family property (2-4 units) or a single-family home with extra rooms, living in one part, and renting out the others. This strategy is the gold standard for beginners because it allows you to utilize FHA or conventional owner-occupant financing, which requires significantly lower down payments than investment properties. By having tenants cover the majorit...