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Updated almost 2 years ago,

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Question on Virginia, Richmond Area about Duplexes - Quads.

Posted

Good day! Currently have a home in a decent location that I purchased last year with a VA loan around June 2022. To whoever is reading and has some knowledge on the matter, I am currently trying to look for a decent duplex to quad deal in the Richmond, VA area. (If any in churchill area.) Want to know if I should house hack this possible investment and rent out my primary residence now. I already forced appreciated and did some rehab to the house and currently has 3 bedrooms and 2 full baths. Location is good since its right in the middle of growth and by the highway. Good for travel nurses if they have contracts due to being in the center of three main hospitals around town. However, if I get a duplex, I need an honest opinion if it would be smart to just move in there and make tenants pay more of the expenses and mortgages? Thank you.

If any CPA, realtor, syndicator, lender, contractor are in the Richmond VA are, I would like to connect. Thank you!

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