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Updated over 7 years ago on . Most recent reply

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Michael Reinhardt
  • Fargo, ND
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Twinhome vs. Single Family - Better investment strategy?

Michael Reinhardt
  • Fargo, ND
Posted

Hello!

I'm currently evaluating purchasing my second rental property. I've always made the assumption that I should buy a twinhome where I could own both sides of the twinhome, but I'm asking myself to justify owning both sides over either a single side of a twinhome or a single family home. 

The story I tell myself is that owning both sides of a twinhome would allow me to have 2 rental properties in close proximity. Are there other advantages that I'm not thinking of? (i.e. - When I go to the bank to get financing, will they allow me to finance it as a single deal or will I need to do 2 separate deals?)

Thanks in advance! I love this site and podcast!

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