So Mark, did you end up getting your financing through Mario Cotto?

100% Financing on acquit ion + construction.

I can get you in touch with a great finance/insurance broker local to Houston if you want to PM me! 

I just read an article recently that noted "Avg Profits For Flipped Homes" of $80,000, however when you dig into the article and their sources, "Profit" is simply Sale Price - Purchase Price...so it doesn't consider renovation costs, holding costs, financing costs, etc.

When I meet with property owners, I give them all the options: quick cash sale, seller financing, list it publicly, etc.

Financing.  

If your primary home is financed with an FHA mortgage and you can get a second FHA mortgage if more then 100 miles away. 

Purchase price: $1,150,000 65% bank and 35% Seller Financed in second position.

Hey Jason - if it's a 1-4 unit, you would need to value it based off the sales comp approach (assuming the buyer is using debt financing).

Financing can also vary depending on whether it’s 2-4 units or 5+ units so keep that in mind as well.Having a strong team and lender familiar with multifamily deals is crucial.