1.) I don't have problem of finding a co-buyer becuase i would be buying it with my sister's family.
2.) I can't afford it alone because the price of Duplex would be divided between 2 families.
Mountain View downtown is nice and It's like a central location so that one can easily commute to various Software companies which are there in Bay Area. - Sun Jul 27 2008, 09:43
I plan to live in this Duplex for a period of 7-10 years along with my co-buyer for the 2nd unit. The reason I'm looking at the Duplexes is because i simply don’t afford to buy a single family home in Mountain View at this time at my own. I certainly can buy a single family home in another 5-7 years but the thought is why should I waste my money on rent for this period of time.
After that we plan to pursue one of the two options, whichever would make more sense at that time.
a.) Sell it.
b.) Rent it
Do you think that I’m thinking on right lines and such a thought process would help me make/save me some money eventually? - Sat Jul 26 2008, 21:59
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.