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Updated about 12 years ago on . Most recent reply

Michael Barger's profile image
Michael Barger's profile image
Michael Barger
  • from Scranton
  • Member since Jun 16, 2008
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Michael Barger's profile image
Michael Barger's profile image
Michael Barger
  • from Scranton
  • Member since Jun 16, 2008
Connect
Michael Barger
  • Scranton
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11
Posts
General Landlording & Rental Properties

Buying First Duplex

Michael Barger
  • Scranton
Posted

Hi, I am considering buying a duplex and living in one unit and renting out the other side. I would do this for a period of two years and buy a house for myself. Once I purchased my own home, I would like to either keep the duplex or possibly 1031 it for maybe a 4-plex.

Do you think this is a good plan? Will rent from one of the unit's cover the majority of the rent/insurance?

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