Buying A Duplex at Buying

Buying A Duplex. A duplex will provide you with more than just rental income—it will allow you to learn as a beginner real estate investor while building equity in your investment. Here eight big advantages to buying a duplex, even if it’s your first rental property investment:

If you buy a bad deal, you might as well keep renting! The first step is to find a duplex at a price that you can afford. Duplexes double your cash flow, similar to owning a tiny apartment building.

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So the separating wall is the component that makes a. The fourth step is to refinance the duplex with a conventional loan. You buy a home, live in one unit while renting out the other, and, of course, you use the rent to pay the mortgage. Another benefit to buying a duplex is that they may serve as great airbnb rental properties if they are eligible.