Not to mention the fact that you're going to have SO many more options on the refinance portion if you have that income. 

Then you can refinance afterwards like in the US.

My current thoughts in my own situation go like this: if I sell or refinance this one property can I buy 3 or 4 others with the equity?  

Additionally, national lenders like Chase and Wells Fargo have strong multi-family loan programs that cater to out-of-state investors.Scaling OwnershipGiven your available cash and equity, here are a few strategies to consider:Leverage Existing Equity: Utilize the equity in your current properties through a cash-out refinance or HELOC to increase your purchasing power.Partnering with Other Investors: Consider syndications or joint ventures, which can help you scale more quickly without using all your own capital.Diversify Markets: While the Midwest is great, keep an eye on emerging markets across the country that may offer similar benefits.Focus on Value-Add Opportunities: Look for properties where you can increase value through renovations or improved management.I specialize in selling new construction duplexes in downtown Indianapolis, and I’ve found that multi-family properties here provide strong returns.

The HELOC is great because you can buy distressed properties, use the remainder of the cash to do the rehab and then you can refinance out to a loan with better terms. 

Some lenders may view this as a more complex scenario, especially if you plan to refinance later.

I have a home with an apr of 2.85% and I really don't wanna refinance if I can help it.

Follow-up question: if I hold the property after having bought it under the LLC's name, wouldn't I be subject to commercial rates instead of consumer rates when I go to refinance the construction loan into a permanent loan?

But everything I've read says you can't actually get a HELOC on a rental property in Texas.We're also not really interested in refinancing the Texas home - as we've got a 2.5% rate on it and any refinance at current rents would turn it into a cash-flow negative asset.Anyway - we think if we moved some other investments around we might be able to find the $137K to pay off the loan outright - owning the land. 

You are asking about markets where you can Buy, Rehab, Rent out, Refinance, and Repeat (BRRRR Method) where you can buy 70% of After Repair Value and under $150,000 with good cashflow.This is my favorite strategy as well.There are several markets in Michigan where you can do this but the market I prefer is Lansing, MI.It is the State capitol, there is always a lot of economic development as a result which creates jobs and demand for housing which keeps rents up and appreciation steady.To Your Success!