I believe that your best bet would be to either 1) find an off/on market property that already meets the 1% rule which will be very hard especially in that area in today's market or 2) find a fixer upper and buy it cheap and force that appreciation.

My experience was positive; I am sure that the agent made all the difference, regardless of how she came recommended.Of potential interest: A couple of the offers - “insultingly” below my asking price - were from some LPs/LLCs, one of which was definitely a REI arm of a large private equity firm.

+1...fish through BP, bet you'll be surprised at how many people from your market post here.

They will be notified of being tagged so that they can jump back into the conversation.I syndicate mid- to large size multifamily properties with private equity investors.

liability protection and lower payments.You could also access the equity cushion  in each property after doing this with a HELOC to use for private lending, note purchases, acquiring more deals ect.Jeff V

Otherwise you have to get into hard money loan or private loan to get start with.

You can private msg me if interested.

Hi Rhoda  So depending on your income and credit score I would say best bet to get a FHA is using a mortgage broker in your area.

If you are in-line with comps (which I think you will be), then you have to take a hard decision - do you bet on making minimal or negative cash flow and get potential juicy capital appreciation OR find another deal. 

Get private money.