Calling it quits, should I build my own duplex?

[John McCurley]

I’ve been looking for a duplex to do my first house hack, but everything is so expensive and the market is uncertain. I have a vacant lot in Fort Worth, Tx and have been thinking about building a modular duplex.

Modular because they tend to be cheaper than homes built on site and I can lower the cost quite a bit because I already own the lot of land.

Seems like I can get about $70/ square foot, not too bad for a 2000sq duplex.

Thoughts?

[Matt Reeves]

@Nate Bell. I am a realtor here in the Pensacola market. One of my concerns is that in this area module homes are considered to fall into the mobile home classification since it’s not stick built product. I would suggest that you ask your banker and make sure that there is no fine print in their documentation that could cause a problem. Maybe this is a local issue.