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Not crazy at all! I’ve done this more than a couple times. Rinse and repeat and it’s a sure way to get to financial freedom (or even just a very solid retirement plan as the depreciation offsets some of rental income, loan is paid off by tenants, and appreciation of the asset).
Mentor
Assuming you’ve got the cash and don’t need to finance it could be good. Have you calculated the ROI?
Mentor
I did this. Smartest thing I ever did financially.
great idea and start to your real estate investment journey!
OP where are you looking for a duplex that’s $150k?
Not crazy, it’s intriguing. Kindly contact me if there is need for funding.
jacewilliams.sbc@gmail.com