Updated over 8 years ago on . Most recent reply
House Hacking A Duplex
Thinking about selling out 3100sq house and buying a duplex. Would save about $1,120 a month in payment compared to our current home. I also would make over $13k in the sell of our current mortgage, plus the down payment back we paid.
The numbers on the duplex are
Asking $169,900
Rented both sides $675x2
Built 2004
Water $65x2 a month owner pays (of course I would change that and one water bill would be ours.
What are your thoughts? We plan to stay 1-3 years and save a big downpayment for our next home.