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.

P.S. if you do plan on getting into farming, I would learn everything you can about futures/commodities trading. 

This property offers spacious townhouse like setting floor plans offering one, two and three-bedrooms.

Hey India if you use HML do you plan on refinancing?

I plan to reach out to local investors to get some recommendations.Thank you

You’re in a solid position, but the challenge here is that your equity is tied up in a property that’s cash flow neutral—which means pulling cash out could push it into negative territory if you’re not careful.A HELOC is the most flexible option, even if you’re planning for long-term investments.

@Austin Brummett i would say do it if you plan to stick around. 

@Pedro TorresBRRRing OOS - it can be very dangerous:(Too many newbies take contractors and agents at their word, when "trust, but verify" is extremely important.You should try to plan 2 trips for a BRRRR:1) Initial walk-thru with contractor(s), which you should video for documentation & accountability.2) Final walk-thru BEFORE paying out final amounts to contractor(s).

I'm planning on putting 25% down because that is a requirement of the loan.

Hi Everyone,I am a new investor planning to start investing.