Found my multiplex, now I need financing!

[Alex Bock]

Hi BP family,

I found my dream 4 plex in a neighborhood I've wanted to live in for a long time. Here is the problem: I'm broke! I just bought my SFR and moved in about 4 months ago. I bought it w/ low money down, so as a result I could not get another FHA / low money mortgage for another 8 months. I definitely plan to hold onto it and rent it out when I move. In 8 months, in theory I should be in good shape to buy anything 4 units and under with an FHA loan as long as I move into it. I want to know how to secure this place NOW. I found it on CL FSBO and have been emailing back and forth with the owners. They're very nice and reasonable, but they would prefer to sell it outright vs doing a contract or owner financing with me. They would also prefer to see it owner occupied and tuned up by someone like me. I feel this could be used to my advantage if:

A. They don't have luck selling

B. I can come to them with a reasonable game plan that ultimately works for both of us

Can you make any suggestions to me? If you're in Davenport / The Quad Cities and have a method of creative financing you'd share with me,  I would love to hear from you!