Whether you’re looking for your first investment property or are an experienced investor, We are committed to providing you with the highest quality buyer service. Since most MLS’s are primarily designed to search for Single Family Homes, We have set up a “ONE CLICK SEARCHES” to simplify the search for you. Click the “DUPLEX LISTINGS” on the right to access the “One Click Searches” and you will see all LBI duplexes currently active in the MLS
Buying a home is an exciting and complex adventure. It can also be a very time-consuming and costly one if you’re not familiar with all aspects of the process, and don’t have all the best information and resources at hand.
One of our specialties is representing the best interests of Long Beach Island area buyers throughout the home buying process. Our comprehensive, high-quality services can save you time and money, as well as make the experience more enjoyable and less stressful.
If you’re like most people, buying a home is the biggest investment you will ever make. So whether you’re buying a starter home, your dream home or an investment property, why not take advantage of our experience as a local market experts for Long beach Island to make the most informed decisions you can, every step of the way?
Sign up for Email Updates
Contact us today with your personal search criteria and we will enter your email into the Jersey Shore MLS for automatic email updates so you will be the first to know of all new listings that you are interested in.
Click on this Email Update link or fill out the form below to let us know what you are interested in.
Financing an LBI duplex is somewhat different than financing your personal home, or even a more typical investment property.
There are two basic avenues of financing for these properties:
- Investment Property Financing
- Vacation Home financing
When financing as Investment Property, lenders will typically require a 25% Down Payment and will consider the income produced by the property to assist in qualifying you for the loan.
When financing as a Vacaton Home, lenders will typically require a 20% Down Payment and will not consider the income produced by the property to assist in qualifying you for the loan. Interest rates on vacation homes are typically lower than on investment properties. In either case, we strongly recommend that you use a lender who is familiar with LBI.
When financing as an Investment Property, lenders unfamiliar with weekly vacation rentals won’t know how to deal with the lack of long term leases.
When financing as a Vacation Home, the majority of lenders do not have mortgage programs for the financing of DUPLEXES as Vacation Homes.
We would be happy to refer you to some very good mortgage contacts I have, or to help you in any other way we can to secure the best possible rate for your duplex purchase.
Use the mortgage calculator below to assist you in making some decisions around financing your duplex purchase
This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.