Once the debts are paid off, the income remains.If you can, acquire income producing assets well below market, extract some equity and use that to reduce your principal balance on your FHA loan.

People who get suckered into these deals may be able to extract cash flow in good cases, but that doesn't mean it's the best possible first move you could make into the multifamily RE investing world.What I would do is basically tell myself that this place is worth about $10,000 per door, and that's it.

If it's a short sale or foreclosure , you as the second or perhaps the third offer, have much better leverage to extract a better sale price.

Like all loan programs, it has its purpose when properly applied---short term holding intentions and/or a form of self-imposed "equity skimming" (extracting your capital investment during the loan instead of after selling or refinancing) are two instances that can make sense.

Banks are lending anywhere from 4 to 4.75 on 25 yr commercial.If the deal is terrific, then take his loan, reposition the property and refi in the near future to pay him off and possibly extract some capital for yourself.I always like to hear seller financing deals.  

Some people do very well in this business extracting every ounce of debt they can obtain.

I plan to extract equity from the properties later this year. 

The areas around the schools with grad students who treat the units well and most have partying out of their blood as they finish the final years to graduation.Then you have some rougher areas around Athens with higher caps but the tenants are more of a constant care thing to extract the rent.

It certainly extracts the most value out of each lead.  

One of my own properties had a device put into the sewage inspection port that was supposed to block the drain and be irretrievable so that you would have to excavate the whole back yard to extract it.