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Updated over 5 years ago,
Converting single family to duplex
Does anyone have any experience with buying single family and converting it into multifamily? I am looking to buy a duplex but they always seem to be overpriced. Financing is higher for duplexes as well whether it is a your primary residence or an investment property. Does any one think this a viable strategy to get the benefits of multifamily along with the low rates of single family?