Buying a Duplex as your first home

Sunday, March 21, 2010 by Creamer-Elson Team
There are so many reason why it is a great financial decision to purchase an duplex or as we call them in Central Indiana 'double' as your first home.  You get all the advantages of homeownership, with the additional benefits of investment in real estate.  You are also able to use the additional rent income to qualify for the purchase. Collect rent to help make your mortgage payment.  In Indiana, you will also recieve the homestead exemption on the entire property giving you a lower tax rate on your rental!  Finally, the tax advantages of home ownership are doubled with the purchase of a double! It's a great time to buy an Indianapolis Home For Sale, or a Duplex in Indianapolis!

For another month, you will also be eligiable for the first time home buyer tax credit even if you buy a double!  Two for the price of one with a tax credit, now that is a great investment!

For your first home, next home or your dream home start with a call to John Creamer @ 250-5646.  With over 23 years of experience in selling, you will be in good hands.

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