I am a Realtor and have a seller that has an assumable loan, but that still leaves $300K between the balance and the sales price.

Additionally, the property's purchase price provided an opportunity to generate significant returns with minimal investment, aligning perfectly with our investment strategy and goals.

We did a commercial loan, 20% down (10% down each)-I leveraged my partner's relationship with his commercial lenders to establish a baseline of credibility for myself and cut my teeth doing my first deal.

Ideally, if I can find something that provides a net cash flow of around $200ish for my 1stdeal, that would be great.Any advice from the BiggerPockets community would be greatly appreciated.

My plan, depending on the condition of the property, will be either a conventional 5% down loan or a fix-and-flip loan.

It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by Month$/SF remained unchanged from March, now at the highest level in the last 13 months.

Our construction loan is nearing the point we need to convert the loan. 

Your loan will be capped anywhere from 65% ARV to 75% ARV and that will depend on lender, credit, experience, deal spread, risk.In that deal cap you have guidelines like borrower can get 80% LTV is their experience is X and credit is Y, and they can get 90% LTV if their credit is A and exp is B. 

If I were going to house hack and wanted to keep my mortgage payment (P&I) below $3500k/mo with a 3-5% down payment loan option, these are the areas I would look at.

And, if the money is borrowed and you lie on your loan application about that (they will explicitly ask and you will have to explicitly lie if you want the loan) then you're committing loan fraud.If you have to turn right around and sell this property for some reason, I,as the lender of the 20% down, will suffer a 50% loss.