I'm relatively new to the BP community and this is my first post.I have a multi family investment property that has built up a lot of equity (over $500k) and I would like to use that equity to help me acquire another investment property.  

And, as you suggest, focusing on the first deal, not 2nd 3rd etc... 20-30% is just to much RIGHT NOW for a buy and hold, unless I get that down payment wholly or partially financed, OR I do NOT hold but plan for an exit as I've been recently been thinking like selling it somehow before the balloon or option period come up, however I acquire it.

It is interesting that Nathan W seems to be interested in acquiring turnaround properties as this is the number one thing that leads community investors to investing the time and money into doing seller finance correctly and legally.

@Andrew Beshara, I've helped a lot of foreign investors acquire properties here in the States and have a great attorney/cpa firm that can assist in your individual situation and what your income tax implications may be.  

We've started to do research but are still unsure about the best way to acquire financing as a group.

We had all the RIGHT puzzle pieces sitting in our laps (great realtor, carpenters, and mortgage broker as close friends and family) so we just had to simply put them together (with a lot of hard work and having a family of 4 living in one room at a time for a couple years.)We are now moving to Roslyn, WA and hope to start a similar (although not as extensive) project there and also try to acquire some SFHs in Kittitas County to start our REI education/climb to billions. :) This feels like bragging, but it was a lot of market luck, hard work, amazing friends, and a wife with an eye for staging.

I'm looking to acquire real estate through a hard money lender who will lend based on a percentage of the appraised value.  

I've run some numbers for flipping it, and even acquiring it at the listed price, I should still be able to make a decent profit, approximately 20% of the ARV.

I would like to encourage you to keep a spreadsheet with numbers and information on the assets themselves for the prices they may have sold for or where the bidding ended this will give you an advantage when try negotiate with acution.com or placing a bid on the same asset the next time he comes around.On my next post I will be discussing the other forms of acquiring assets by pre-bid.

This is.The model I'm thinking will be effective is to use furnished rentals to acquire capital, and then deploy it for your own purchases... of FUTURE furnished rentals.