There also aren't too many properties out there that have a value add because buyers will pay top dollar for whatever comes on the market.

I plan to rent it for a few years and sell it depending on the market conditions in the future.

I can't tell you how many properties have units easily convertible from 1 bedroom to 2 bedroom units, units with favorable dimensional standards which can boost rents with no photos to showcase these attributes, assessment square footage that is not correct,  upgrades not identified in the marketing materials etc.

The market drives commissions. 

the reality is BANKS left the fix and flip market after the GFC.. very few will do them unless your a premier client of theirs with a  long track record and they are doing them as a service to you. 

I want to understand how to structure the finance terms.if for example the house is on the market  for $200K1. how much do i ask for down payment2 going interest rate?

I have found very little deals thru an actual wholesalerRe read what @Thomas S. wrote If you don't take the time to educate yourself, create your own business plan,and know the metrics of buying selling rehabbing wholesaling,marketing ,etc you will just be throwing money away like the hundreds of newbies flocking into the business 

The investor must consider whether the potential property value increase or other benefits outweigh this loss.

So many benefits, yes the fees are higher but many investors have come to the realization that the extra costs associated with the commercial mortgages are 100% worth it. 

Perhaps for everyone else's benefit, also posting here: ..I am in Chicago.