Take your grandmother’s advice and live on one side and rent out the other! With FHA financing available at 3.5% down (if qualified), you can apply the rental income to the mortgage. Own it for 2-5 years, save up, and keep it as a rental while you build or buy your step-up home. This is situated on a large 12k+ lot, and there is room to build a shop or have additional parking. This side-by-side duplex is simple to own and easy to maintain, with two bedrooms and one bath on each side and a single-car garage. If you’re serious about owning a real estate asset to create long-term wealth, be sure to check this one out.
