Two popular ways consumers can tap their home equity is to take out a home equity loan or home equity line of credit (HELOC).

For a duplex, the Federal Housing Finance Agency (FHFA) conforming limit for 2023 is $929,850 in most areas. For a triplex, it is $1,123,900. For a quadruplex, it is $1,396,800.

Once he got divorced, he decided to buy his first Duplex so that the tenants that he has living there could cover a portion of his housing cost. He said he pays $1,700 per month, and the tenants ...

The co-op unit at 885 Park Avenue on the Upper East Side was listed for $35 million in 2012 by a previous owner.