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HOUSE HACKING IN KALAMAZOO
OUSE HACKING IN KALAMAZOO: HOW TO BUY A DUPLEX WITH ONLY 5% DOWN!
Did you ever look at a duplex near the Vine Neighborhood, Stuart Area, or Milwood and assume you needed a massive 20% or 25% down payment just to write an offer?
Yesterday morning, a first-time home buyer stopped by my office in Portage. They spent the past two years renting an apartment near Western Michigan University for $1,450 every month.
Over the weekend, they toured a fully occupied two-unit duplex listed at $275,000 near Westnedge Hill. The upstairs tenant was paying $1,250 per month on an active lease, and the main-floor two-bedroom unit was ready for a new occupant.
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