I have previously posted about a self storage facility I have been trying to acquire, and I am now close with the seller on the terms.

How would you get cash flow, and sell for a profit, by using an FHA loan to acquire a 2-4 unit property? 

If the price was right, I'd look at it as a possible buy & hold (it's in my neighborhood, which I love--close to my daughter's school, and I could own again instead of renting & then acquire future properties against it, perhaps.)The question is, would I have to pay any back taxes along w/ the purchase price (thus killing the deal)?

Hello All,I am trying to understand more about acquiring property in probate.

David Hood is referring to the 1% rule.

If you purchase a 1-4 unit with all cash you can within 6 months of acquisition acquire a cash out up to 70% of market or acquisition whichever is lower (if you have 1-4 financed properties, 65% LTV max if you have 5-10).

Which is the best way to approach and acquire private money.

Anyways if I were in your shoes, I'd probably refi and use the untaxed proceeds to acquire new ones.

If I was you i would also do some reading in creating financing technics as they can come handy to acquire properties.

I had acquired my first property with a long-term plan to acquire one additional property every 3-4 years when I moved to a new location.