Duplex
READY TO
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IN
Purchasing a duplex can be a strategic investment, offering the unique advantage of dual income potential and owner-occupied financing benefits. By living in one unit and renting out the other, buyers can significantly offset their mortgage payments, making homeownership more affordable. Duplex also provide flexibility for future needs, such as housing extended family members or converting the property entirely into rental units.
- Dual Income Potential: Renting out one unit can help cover mortgage costs, making the property more affordable.
- Owner-Occupied Financing: Qualifying for favorable mortgage rates typically available for primary residences.
- Future Flexibility: Options for housing family members or converting both units into rentals.
- Appreciation Potential: Duplexes often appreciate well in value, particularly in desirable urban locations.
