I'm looking to acquire more multis in Chicago to buy and hold for cash flow, but need to generate more cash to do another deal (or wait and save for like 3-4 years, but "ain't nobody got time for that!").

A newly acquired duplex on one side it's a 2/1 (or technically a 1/1 with a den as the den doesn't have a closet) I have a kitchen area - fairly standard - all along one wall, the wall being 11' 2" long and all the cabinets and appliances need to be on that wall.Currently it's a blank wall, as everything was ripped out by previous owner before foreclosure.I am trying to get some input on the design and layout, not so much "which is better?"

In that time I flipped a couple of homes, and have acquired 2 SFR's & a duplex that I rent out.

Here in NJ property prices and real estate taxes are insanely high, so I'm considering Fannie or Freddie foreclosures.1) does anyone have experience acquiring a property through Home Path or Home Steps?

Also later acquired another and held both for about 4 years, sold both then restarted when I retired purchasing in my local area.

I have matriculated and acquired 4 degrees and work the government.

Hello all,Can anyone recommend the best way to acquire funding with little money or what are some ways that your deals was funded for buy and hold or flip?

If you are able to get 30 year fixed financing, I would lean towards a multi-unit just for the sake of maximizing the number of units you can acquire with your ten fannie/freddie loans. 

The problem with acquiring and rehabbing tax lien acquired properties, I have found, is that during the "barment" period, the tax lien holder cannot legally step foot on the premises or do much in way of improving or securing the property.  

Your line "Expected NOI after proper management: $50,000" is a great highlight since some property owners I know are only in the business of acquiring a big portfolio, and not managing it to give it added value to the tenants and community.