Without more info this sounds like a less than optimal deal.

Probably buy during hurricane season (now) to get the best deal. 

This might sound silly, but an old fashioned spreadsheet if you only have a deal or two.

The reason I ask is because most deals I see on Crexi or Loopnet or anywhere else create negative cash flow under 7 or even 10 year terms with 7% - 8% interest rate.

Is this a Rehab deal or a cash flowing property?

These are great for experienced flippers who can handle the tight timelines and costs.Private investing usually involves individuals funding your deal, like friends, family, or networking connections.

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

I currently own 10 doors, and always looking for more, when the deal makes sense.  

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Furthermore, choose your deal provider carefully.