In some markets, one property can have up to four dwellings and still be financed with traditional residential loans. Financing a multiunit property is similar to taking out a mortgage for a ...
Emily Johnson recalls her first duplex fondly — well, sort of. She rented to a friend’s sister, who ended up being “a nightmare”: The tenant smoked in the house, paid rent late and knocked on ...
The average homeowner in the U.S. currently has close to $300,000 in home equity. And since borrowing against home equity is currently cheaper than many other options, especially credit cards, many ...
Buying a duplex, meaning a two-unit home, has the potential to be a lucrative real estate investment. In the right market, you can buy the duplex, live in one unit, and rent out the other, using that ...
She rented to a friend’s sister, who ended up being “a nightmare”: The tenant smoked in the house, paid rent late and knocked on Johnson’s door at 11 p.m. with maintenance requests. Nevertheless, ...
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