· / Why Young Professionals Should Buy a Duplex, Triplex, or Fourplex. January 24, 2012 by Peter Maclennan 3 Comments. Why Young Professionals Should Buy a Duplex, Triplex, or Fourplex. In my last post I detailed Why Young Professionals Should NOT Buy a House. In this post I will explain why your first home should be shared with some tenants.
Your dream home sounds lovely, but buying it could be a thorny mess. “It can be accomplished,” said Perry L. Mintz, a Manhattan real estate.
"Is it Better to Buy a Single-Family Home to Rent Out or Should I Buy a Duplex?". Is it Better to Buy a Single-Family Home to Rent Out or Should I Buy a Duplex? Home Guides | SF Gate. Retrieved.
Buying a duplex as an investment property has proven to be one of the best real estate investment strategies, especially for beginner real estate investors. If you are wondering should you buy or rent a home in order to skip the mortgage payments, our answer is both! Buying a duplex.
5 Reasons Your First Home Should Be A Duplex You can live in one side of a duplex and use the other side as a rental property, an office, or a guesthouse. When most people think about buying their first home, three options typically come to mind: single-family home, townhouse, or condo.
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From what we’ve seen so far, it’s promising technology, but is it something we should embrace, or fear? Google hasn’t shown us how Duplex makes calls to businesses for store hours, nor has it demoed.
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It may seem impossible to buy a duplex or multi-family unit with your budget, but the reality is it might not be as hard as you think. According to Anthony Lococo, Vice President of Cornerstone Mortgage, "If buying an owner-occupied duplex, you would definitely be able to use [the potential] rental income from the second unit" to help you qualify for the purchase.
My sister in law is considering buying one side of a duplex. I don't know. So does anyone here think it would be a good idea to buy? I could.