Looking for duplex outside Boston (Medford, Malden, Somerville)

[Alex Johnson]

Hey BP,

My brother and I (27 and 31) both live separately in the Boston area, and have an idea to buy a rental property within the next few months. We plan to but a duplex and live in one unit, renting the other unit out (finding a deal that keeps our out of pocket monthly costs minimal). In a perfect world, we would find something in South Medford / Somerville MA. We plan on living there, so using an FHA with 3.5% down, therefore PMI will be involved. Any suggestions?? I'm guessing we will be looking at the 600,000-900,000 range, but I'm a first timer, so this is all just my most educated guess... coming here for advice first.

Any help is appreciated!!

-Alex