We just closed on an all cash purchase via an SMLLC of a SFR at auction (at a healthy discount to market due to distress) that we intend to use as an investment property, and we're looking for guidance on the best strategies for pulling as much equity out of the deal as possible to roll into another property (identified but yet to be purchased).  

I will say, we purchased these in November.

For the purchase of the new property, you can consider a seller carry offer (balance of purchase price minus the down payment) or obtain a new mortgage on the commercial/resort. 

Purchase price: $131,000 Cash invested: $2,000 Sale price: $189,900 Contributors: Peter Vekselman Partner Driven, in collaboration with Mike Hardin, successfully completed a quick flip at Waters Edge #A, McHenry, IL 60050.

So my plan is to purchase the property, build a quadplex and once completed roll the land and rental into a consolidated VA loan at 0% down, no funding fee and closing costs rolled into the loan.

Purchase price: $22,000 Cash invested: $30,000 Sale price: $145,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Faith Home Rd, Space 119, Ceres, CA 95307.

I wanted to address the all cash purchases.  

Property Details: SFH 6 beds 2 Bath 2016 sqft - Rented by the room.Purchase: 340,000Amount Financed: 272,000Down Payment: 20% (68,000)Purchase Costs: 12,777Loan Type: 30 yearInterest Rate: 8.75%Rents: 3,300**********************Investment Returns - Year 1Cap Rate (purchase) 8%Cap Rate (Market Value) 7.1%COC 1.8%Return on Equity 1.3%Return on Investment 25.1%Internal Rate of Return 25.1%

Or will they postpone the sale if there is a purchase agreement in place?

I would be purchasing with an FHA loan, how do i assess if the deal is worth it?