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Updated about 7 years ago on . Most recent reply

User Stats

61
Posts
21
Votes
Joshua Savage
  • Rental Property Investor
  • Memphis, TN
21
Votes |
61
Posts

Buying and Selling a Duplex

Joshua Savage
  • Rental Property Investor
  • Memphis, TN
Posted

I have been searching for a duplex or multiplex in my hometown because I have to go there every few months and since family and friends are there I probably always will.  With a duplex, I will have a place to stay while I rent the other areas out.  Currently, I am traveling and I do not have a primary residence and so I plan to purchase this home with that type of loan.  However, I will probably buy a home in another area of the country when I do decide to settle down.  Do I have to wait a specific amount of time before I use the same type of loan?  Thanks!

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