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Updated almost 4 years ago,
BEGINNER question about purchasing a duplex
Location: Ohio
I recently found a duplex for sale that has been fixed up by the seller (so I won't need to live in it and fix up the other apartment). I would be interested in purchasing and renting out the two units. As far as purchasing the property, is there a specific type of mortgage for people purchasing a home they aren't going to be living in? Is there someone who has been through this situation before who can explain how it works? Thanks!