So my parents are buying my first fixer upper for me all cash in there name. 

Purchase price: $171,000 Cash invested: $34,000 Bought a 2 unit as a househack, living in the upper and renting out the lower unit.

They should have nothing to do with your up-leg property. 

Tough neighborhoods still, but plenty of fixer uppers and low cost plots make it ideal for scrappy individual investors looking to get started on the cheap.

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

Considering your goal of house hacking a duplex, while FHA loans are common for first-timers, there are alternative financing options to explore:Conventional Loans: Need more credit and down payment, but offer flexibility. 203K Loans: Ideal for fixer-upper duplexes, bundling purchase and renovation costs.VA Loans: Great for vets—no down payment, competitive rates, and no mortgage insurance.Portfolio Loans: Private lenders, good for unconventional income or credit histories.Hard Money Loans: Quick, high-interest, good for investments or major renovations.With $30,000, mix it up—use it for a down payment, maybe pair with a conventional or FHA loan.

. - Indianapolis is VERY competitive in the fixer-upper & multifamily realms.

Hard money will charge you an arm & leg (additional points, high rates, etc.), but they'll get you the leverage you need.

Call agents in the area that are listing a renovated house, or call agents who represented a cash buyer on a fixer upper.

Retail price means either the price a fixed up house  is sold to a user or the price a fixer upper is sold to a rehabber. 4.