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Updated over 5 years ago on . Most recent reply

John M.'s profile image
John M.'s profile image
John M.
  • Rental Property Investor
  • from Detroit, MI
  • Member since Jun 24, 2019
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John M.'s profile image
John M.'s profile image
John M.
  • Rental Property Investor
  • from Detroit, MI
  • Member since Jun 24, 2019
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John M.
  • Rental Property Investor
  • Detroit, MI
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Innovative Strategies

Converting single family to duplex

John M.
  • Rental Property Investor
  • Detroit, MI
Posted

Does anyone have any experience with buying single family and converting it into multifamily? I am looking to buy a duplex but they always seem to be overpriced. Financing is higher for duplexes as well whether it is a your primary residence or an investment property. Does any one think this a viable strategy to get the benefits of multifamily along with the low rates of single family?

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