Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
Conventional Loan for Duplex
Hello,
I am 24 years of age and I currently been thinking about my first rental property and I'm going through my options.
I work full-time as a Leasing and Marketing associate and my gross income is around 50K a year, I live with my parents and I have $0 debt. have been looking at "Conventional loans" a lot today and I'm interested in housing around the Rhode Island area, beside Massachusetts.
I think a duplex is ideal even if I don't live in one of the units. Within my circumstances, what should I be looking for in terms of housing? Cost, agents and etc.
Thank you in advance.