ANT Forum

What do you think about buying a duplex under 300k in Florida if you are a first time home buyer, single and without kids? I think a single family home has its risks, it is hard to find a home in my price range that won't break the bank and isn't in a flood zone, and it might be more than I need right now considering I am single.
I think a duplex or townhouse might be a reasonable alternative. Basically, whatever I do, I am paying at least 2000 a month, so buying is definitely preferable to renting.
     

You're right about the risks of single-family homes. Insurance, flooding, maintenance can eat up your budget, especially if you live alone. A townhouse or duplex gives you more flexibility and less headaches. And yes, paying $2,000 a month in rent is a waste of money when you could invest in your own for the same amount.      

Buying a duplex is a really smart move. Many of the properties I explore homes across Central Florida fall into that budget, especially in Leesburg, Deltona, or even Ocala. You can find duplexes in decent condition, not in a flood zone, and with reasonable taxes. Plus, you can rent out the other half. Townhouses are also a great alternative, less maintenance, everything is compact and practical.