Updated over 1 year ago on . Most recent reply

FHa loan for a duplex
My question is should I buy a duplex with an fha loan, live in it for a year, rent out one side and then move out and rent both?
I feel like the rent will barely cover the mortgage and I won’t make any cash flow.
Most Popular Reply

FHA is a great way to get a future investment property for only 3.5% down. If you were to buy the duplex right off the bat as an investment property you'd be looking at 20% down. If you'd like to DM me I'd be happy to help you run the finance numbers so you can get a good estimate on the cash flow. Best of luck!
- Kristen L Garner
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