Got 200k in a CD account. If I can ever get the bank to release funds, was hoping to get that put towards a duplex. But now I feel like everyone and their mom has a rental property and knows the game. Is it getting saturated or is it still worth getting into if I’d only have just gotten a duplex (to rent one side, live in other for ~1 year) between now and the next 8 months? Credit score around 720

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Location is probably the biggest factor. I live in Denver and a duplex makes no sense for me right now. Prices are high and I can’t rent the other unit to cover half the mortgage.

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Exactly this. It doesn’t make sense bc of the “multifamily premium”

Had a seller who wouldn’t budge on a 3 unit. Seller is waiting for a noob to buy it. Been on market for 3+ months and no change in price

likehelpful

Depends on the market. But “house hacking” a duplex will likely net out much better than just buying a SFH as long as you can afford the down payment and know what you’re getting into with being a landlord.

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