Any opinions about buying a duplex and living on one side?
I'm currently looking for a condo bc space-wise, that is all I need. If all I want is a one-bedroom, I've been advised by many people that a one-bedroom duplex may be the smartest financial decision. However, I'm a bit worried about taking on so much debt versus a condo, liability for renters and responsibility for maintenance.
Also, most of the duplexes within my budget, are not in the greatest areas.
If not a duplex, I can squeeze myself into a modest condo in an excellent area but the hoa fees would be about 2k/yr. I can always rent out the condo if I decide to move later.
Any advise?



Reply With Quote
))

Bookmarks