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Are you expecting to live in the duplex or rent out both units?
Some tips for first-time duplex buyer in this market :
1) Shop rates with and against local credit unions and brokerages, then bring that to a bigger lender
2) Know that comparing local SFHs and duplexes is like comparing apples to oranges
3) Determine if you are looking to do Long, Medium, or short term rentals for each unit
4) Build out your cost and vacancy estimates to support multiple units and the terms that you're renting for
5) Anything below or at ground level can flood. Anytime people live at or below ground level, you could be out of rent if it floods
Mentor
Yes, I did