Am I too ambitious for my first property?

Am I too ambitious for my first property?

Member since 2026 · 28 posts · 13 votes

Hi, 24 yrs old, me and my wife are really trying to get out of the apartment. I’d like to get us into a duplex and rent out the other side. I can’t seem to find a place that lets me do that while reducing my current rent price by any substantial metric. Am I missing something? Is there a strategy that can bring my monthly payment closer to what the standard mother-in-law duplex will rent out at? Or would it be wiser to just get myself into something cheap now so I’m at least building equity, then focus on upscaling from there?

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Investor · Chicago, Chicago IL · Member since 2026 · 45 posts · 54 votes
1w

@Hayden Billings were also going to be releasing a pocket listing (off-market) marketplace directly on BiggerPockets in a couple weeks. Stay tuned.

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  • Marc MoraPro Member
    Investor · Fort Lauderdale, FL · Member since 2026 · 203 posts · 32 votes
    1w

    @Hayden Billings , let's connect. You're not too ambitious, a lot of people hit the same wall when the duplex payment won't come in under their rent. It helps to compare it to what you'd pay anyway, plus what you'd own at the end, instead of just this month's number. If it helps, I can point you two toward some people and resources worth having.

    Just sent you a DM.

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