You just might have  sufficient funds to close? 

A bit of background information:Currently own a home with my fiance'The house was financed solely by me using a DPA Bond / Conventional loanThe idea:House hack a duplex, possibly a triplex, by purchasing the property via FHA loan with my fiance' as the sole applicant.

I haven't bought a deal for a while but I have accumulated more funds - I'm planning on moving out of SoCal and FHAing a 4-unit wherever I end up, plus I have the money to buy another property in my East Coast market if I see something I like (I'll be back there next month visiting family, arguing down property taxes for my newest property at a hearing, working on my properties).Hopefully these ideas are inspiring. 

Especially since this is not in the best neighborhood you are probably looking at higher than expected costs due to turn over.Also if you go down this road charge High Security Deposit cover your back side because you will be using those funds to make ready the unit when they move out in most cases.

Generally i try and stay away from contracts and deal with straight purchases but given the condition of the house i do not have sufficient funding to buy the house outright.

I’m looking for some specific advice on structuring a small (<$250k) private real estate fund.

Hey @Peter Bui - typically when utilizing seller financing the buyer (i.e. new owner) is responsible for the taxes and typically will save up the funds to pay the whole tax bill each year. 

Bond around it.

Can any one tell me how to get funding foe those type of investments?

I am not personally able to fund the 8 or more homes without other investors.