And once you get over 10, you're going to be out of slots for a conventional and will have to do commercial.Doing the 5 to 10 loans was a huge pain in the neck.

Some are very hungry for a deal and can help with funding.It takes experience to work with razor thin margins.

Maybe think about what you want to accomplish by throwing yourself into one of these shark tanks.

I've seen several borderline 1% deals but they are always razor thin right at that 1%. 

While it is obvious that you mean no harm, not all in the business have fallen into that category and the state has stepped in to protect property owners from sharks. 

You can also get close comps' from some site from source like zillow, property shark, etc. type of companies to mention a couple.

What might sound like a good deal could be a bad deal, there are lots of sharks out there (I probably know them all), be careful.Charles

A major problem I've been seeing is newbies wanting to jump right into the shark tank.

What this means is that the flipping "sharks" are digging ever deeper into cheaper priced properties with hopes of holding to them then selling them, with or without renovations, to witless "dumber money."

It seems to me like if there is a way to structure the deal 50/50 then it makes a lot of things easier, but also takes away your majority ownership.As for the amount of cash for the amount of equity, I am thinking of the scenes on the tv show Shark Tank where the "Sharks" ask the entrepreneur how much they want and all do the quick math to determine what the entrepreneur has valued their business at.