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Updated over 5 years ago, 06/04/2019
Buying a duplex in Boston area
Hi guys. I just wanted to ask people for advice. I am planning to move to the Boston area. As you know It’s an expensive area to live in. I am thinking about getting a 2 or 3 family home and do house hacking. Now the idea is to avoid getting a jumbo a loan because of the higher down payment, so my price range is under 680,000$. I am thinking maybe getting something on the cheaper side and remodel it, (although I have zero experience in doing that and I don’t think the bank will give me extra money to do the remodeling). What would you guys do if you had to move to an expensive city to live in long term.
Thanks.