09/03/2026
Duplex for Sale! 1313 Davis Ave NW Grand Rapids. This property is fully vacant and ready for new owners.
Ever heard of house hacking?
It’s where you purchase a duplex as a primary residence, occupy 1 of the units, and rent out the rest! This allows you to get all the perks of purchasing with low down payment options (5% Conventional, and 3.5% FHA) and also brings you income while managing a mortgage. It also reduces your property taxes because of 50% homestead exemption. It’s a great way to acquire your first rental property.
Many people who do this get hooked! Then they do it all. Over again on their next purchase by renting out both units, and moving into another multifamily property.
One final bonus is that 75% of your rent income can contribute to your debt-to-income ratio for lending. Meaning that you can maximize your purchase approval on your next purchase without the full property debt value getting in the way.
Contact me for all your investment needs.
Joel Horst
Bellabay Realty
Over $50M SOLD
