I am sure there are some folks that would lend $200k on a $800k asset if you give them favorable terms and a first lien position.

If you have a positive number afterwords that’s your potential cash flow.

Nothing positive or productive comes from attacking others, particularly when the discussion inappropriately turns to discrimination of sex, age, etc.Regardless what side of the fence you hail from, let’s keep this conversation clean please.- Team Moderators

You're in a great position coming out of a cap gains tax free proceeds.

I doubt the numbers work for say, the "BRRRR" strategy (which aims to get you all your own outlay back again upon renting out and refinancing - while still showing positive cash flow, rather than selling).Are you an experienced flipper?

Second Lien Position: 700K.

As for the next loan, in my mind, getting something to give me a loan, at a reasonable rate, as long as my rental units cover the mortgage plus slightly more, I'm still coming out net positive which is more than if I don't do it at all.

But, the main thing is to keep positive and keep looking. 

Time for you to start attending board meetings and running for a position on the board at the next opportunity.

All of our guesses - and that's all they really are, educated or not - are based on our own experiences, values, financial position, abilities, etc.