That would be a helpful addition to your plan as you would further reduce your cost of living.Also don’t forget from that $600 you are planning on getting in cash flow you have taxes, insurance, maintenance, capex, and vacancy to consider.With two homes, you may want to keep that extra $20k as an emergency fund rather than spending it on a third property and then be left with no emergency funds.

I think by waiting to last minute to put things together you miss items and year end tax planning becomes problematic.

@Pixel Rogue everyone has different future plans - many though haven't thought that far ahead!

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.

If you elect to use a VA loan, that typically means you don't plan to put any money down.

In two years I plan to pull equity from my home, rent it out, and purchase another to live in for two years..

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

Purchase price: $690,000 Cash invested: $172,500 Took a gamble on a larger single family home in an up and coming master planned community.

Rent-a-plans?

Hi I had my property manager handle my renovation on a unit in Maine while I am living in Connecticut. I specified that my budget is $15,000. After she gave me the numbers, I calculated the rehab to be around $16,000 ...