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Updated about 9 years ago on . Most recent reply

Buying an REI duplex/triplex and live in it for a year
Hi me and wife working on our first REI and I decided to go with a duplex or triplex here in Orlando FL. We were initially going to buy a new built single family home but decided to stop the process to pursue REI and maximize our returns overtime. We researched a lot about it but mostly what we getting is a lot of complications that comes up especially with tax. Is there anybody in this forum that started with a duplex/triplex as a buy and hold in Florida. How was the process specially with financing? How was the experience? We're looking to live in one unit and rent out the other for a year and half to save as much as we can. I believe then will be able to start investing more with more cash in hand. Please if you have started this way please elaborate. Thank you.
Most Popular Reply

thats actually my same plan, coming back to orlando with 10-15,000 and invest in a triplex.