Your plan to house hack a multifamily property in Indianapolis is a great strategy to start building equity and learning the ropes with manageable risk.

This is something I try to live by and teach my kids if I can - "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly.

 Hi Roger, yes, the plan is to house hack.

Most of these program qualifies borrowers with income and very few DSCR.

Develop a program coming out of college.  

Fine-tuning your savings, building a reserve fund, and running detailed ROI projections will help solidify your plan for long-term success.Good luck!

And if this is the plan, it couldn't be announced at onset.

I know many landlords set a credit score threshold around 580-600 for Section 8 tenants since the program provides a rental guarantee.

We have some of those calculators we plan to to add in 2025 for those who want it all-in-one.

For my clients, I like Easy Streets bridge purchase and STR DSCR programs.