Hello Seasoned BP Members - I am planning to scout the Indianapolis markets for buy and holds.

I think if you are planning to buy and hold for 10+ years, you should be fine.However, most seasoned investors will probably tell you that you can make money in any market (up/down) and whether you are flipping, or planning to buy and hold.

If your seasoned, understand agency, understand fiduciary responsibility and know how to negotiate then call the listing agent.  

QUICK APPROVALS, FAST CLOSINGS w/CLEAR TITLENationwide Direct Hard Money Loans - 90% PP/100% Rehab at 10% Rate * Fast Closings Typically 2 - 3 Weeks -90% of purchase price-100% of rehab (we prefer rehab be equal to or less than 50% of PP but can go higher)-10% interest rate-2-6 Point-12 month term-No PPP-Up to 70% of ARV-Stated underwrite with no seasoning or sourcing of assets-We do NOT look at as is value (which I know some of you experienced some issues with previous funders)-Brokers protected on the HUDNo seasoning on Foreclosures and BK NO TAX RETURNS REQUIRED PROGRAMS ALSO AVAILABLEHard Money 2nd Mortgages, $100,000 Min!

Cheap buy and holds usually have seasonal and non-knowledge based workers.

This particular unit is on a slab as well, basements seem to be the place where all goes wrong so I'm dodging a bullet there too:)As far as appreciation goes, I'm not to worried about that.

Depending on the contractor and the season, I have weekends off.

Or should I put the money into the LLC, then buy the first property with cash (to build credibility/assets), then use the BRRRR strategy to refi once seasoned?

Once the rehab is done and the property rented out, we plan to refi with another community bank that does not have a seasoning period requirement.

Here's how it works in Michigan (dont know if it varies in other states )For FHA financing the title has to be seasoned for 90 days in order to enter into a purchase agreement .