That's why in LA you only see new construction in the luxury markets.

•Explore partnering with wholesalers and real estate agents who bring you off-market deals.5.Continue Building Credit:•As your properties generate income, pay down your credit lines strategically to maintain high credit limits and low utilization.

If you can live for free and only pay utilities AND buy an investment property, that would be ideal in terms of savings and cash flow.If you can't stay and your parents want to make some money on that property, then yes, house hacking would be your best option especially since you don't want the best place in the multi.

1) Not blown money on cars, luxuries items, CC2) House hacked a 2-4 unit.

Separately metered with tenants paying all utilities.

Luxury vinyl plank (LVP) is a cost-effective choice for flooring, offering durability and a high-end look.

If not, you will have to utilize hard money which will drastically increase holding costs.

If utilities are present, the property is worth what other bare land properties in the area are worth.

I'll post updates here in case anyone wants to follow along.We syndicated in the states to fundraise enough for architectural renders, entitlement, legal, and to pay off the land. 1/4 of total funds required have been deposited in our bank account.Convinced a world-class architect to do luxury design for us.

I'm going to utilize this intel.