Now in Texas and Colorado
A duplex, a fourplex, or a house with a backyard apartment. Live in one, rent the rest, and buy with as little as 3.5% down.
Seven questions. No credit check. You see the homes before we ask your name.
| State | If you live there | If you don't |
|---|---|---|
| Texas | $16,000 | $133,000 |
| Colorado | $38,000 | $223,000 |
Medians of 700 Texas and 257 Colorado duplexes, triplexes and fourplexes with a rent for every home. If you don't live there, it is what it takes for the rent to cover the payment. How this is worked out
YOU OWN A DUPLEX, A FOURPLEX, OR A HOUSE WITH A GARAGE APARTMENT
A person calls within one business day with a list price, the sales behind it, and a cash offer if we can buy it.
Free. You sign nothing to find out. Tenants can stay.
FOR BUYERS
Priced out? Nobody showed you the homes that bring in rent. Another home on the lot changes what you can buy, and you end up owning something that pays you.
Where you liveRented, or family
Seven questions. No credit check. You see the homes before we ask your name.
Your cost to live there
$2,200 a month
An example, not a listing. Every listing shows its own.
Each home shows what it costs a month to live there after the rent. These are in Austin. See every home for sale in Austin.
Each home shows what it costs a month to live there after the rent. These are in Denver. See every home for sale in Denver.
QUESTIONS
Buying a home with more than one unit, living in one, and renting out the rest. That can be a house with an ADU, which is a second, smaller home on the same lot, or a duplex, a triplex or a fourplex. Because you live there, it is financed as your home, and a lender counts most of the rent from the other units as income.
House hacking, start to finishYour whole payment, minus the rent from the homes you do not live in, with part of that rent set aside for repairs and empty months. Every listing on this site shows that number for its own home and prints what it assumes.
See one home worked throughIt depends on the loan. A house with an ADU, a duplex, a triplex or a fourplex you live in is bought with the same kinds of low-down-payment loans as any house, and a VA loan can need no down payment at all. Plan for closing costs on top of it.
Each loan and what it asks forYes, and your tenant lives on the same lot as you. You pick the tenant, sign the lease, collect the rent and fix what breaks, or you pay a manager to do it. The book has a chapter on the job.
Read the chapter on being a landlordYou plan for it before you buy. Every listing shows the monthly cost with the rent and before it, so you know both numbers going in, and the cost with rent already sets aside 5% of the rent for empty months. Keep a few months of payments in savings as well. Some loans ask for that before they count the rent.
Read the chapter on vacancyNo. There is nothing to buy here but a home. The book is free, and so is the search.
Only when a sale closes. If nothing closes, you owe nothing. What we would be paid is in writing before you sign anything.
The listings are, today: Texas (Dallas-Fort Worth, Austin) and Colorado (Denver, Boulder, Fort Collins, Colorado Springs). The loans themselves are national programs, and the book explains them wherever you live.
