14 апр. 2024 г. · You should be fine. Try to do conventional instead of FHA. For a duplex that's 5% down according to Fannie/Freddie lending guidlines.

23 окт. 2023 г. · Short term flip, horrible idea. But if it cash flows, you have some reserves and you are planning to hold for long term, it's not a bad choice.

9 февр. 2024 г. · I bought a duplex after rental income I only pay $500 out of my own pocket for a two bedroom, 1 bath unit with a private backyard and two car garage.

1 мая 2024 г. · If you can swing it, always buy a single family home. Find one with a legal suite already in the basement to help you qualify for the payments.

14 апр. 2023 г. · Converting a duplex to a single family home is likely to be an expensive, value-destroying way to end up with a goofy floorplan.

7 июл. 2024 г. · Only buy what you can comfortably afford without rental income (conservatively) or without 3 months rental income a year (less conservatively).

3 авг. 2023 г. · When you buy SFH, if your area gets popular, your home price and property taxes go up. When you're a duplex owner, it means more taxes but also ...

23 апр. 2024 г. · When you buy a property you inherit the tenants and the current lease there's youtube videos. You have to sign a new lease but only with the ...

25 авг. 2023 г. · Yes it is taxed as income, but I also get depreciation and write offs. It should be fine. Those write offs have been significantly reduced ...

8 мая 2023 г. · You can purchase a single family home with a 5% down payment with conventional lending or a duplex with a 3.5% down FHA loan.