In some markets, one property can have up to four dwellings and still be financed with traditional residential loans. Financing a multiunit property is similar to taking out a mortgage for a ...
Purchasing a duplex can be a savvy investment, offering both a home and rental income under one roof. However, the process can seem daunting, especially for first-time buyers. This guide breaks down ...
Get guidance from trusted mortgage experts. Homeownership is a dream for many people. While a single-family home is more common, buying a multi-family home or duplex is also an option. It allows the ...
Emily Johnson recalls her first duplex fondly — well, sort of. She rented to a friend’s sister, who ended up being “a nightmare”: The tenant smoked in the house, paid rent late and knocked on ...
The average homeowner in the U.S. currently has close to $300,000 in home equity. And since borrowing against home equity is currently cheaper than many other options, especially credit cards, many ...
If you buy a multiunit property and plan to live in one of the units, you can finance it as a primary residence. If you don't plan to live in one of the units, you'll need an investment property ...
In some markets, one property can have up to four dwellings. and still be financed with traditional residential loans. Financing a multi-unit property is similar to taking out a mortgage for a ...