You're probably better off pounding the sidewalk and knocking on doors.

If you have a target area I would look for properties for sale everyday if you don't have a realtor kicking you data. 

It'd help to look up the demographics of the target area and combine that information with the types of homes being sold and use all of that information to make your choice. 2.

If I sell it for my target price, I won't lose money.

Who is your target audience if you are flipping?

If I'm getting the targeted cash flow with low money down, why would this not be a good idea?

As a lender, you can hopefully then decide if the borrower is either too optimistic or right on target.

Our initial plan is to target 2-4 family homes in northern and central Jersey, plus opportunistic small commercial.

Targeting free and clear , non owner occupied.  

Also in your shoes, honestly it would be a coin toss if I did the "wrong thing" which is to get the deal and send my business account over, or if I'd do the "wrong thing" and tell them to pound sand, but lose the deal.Note that many commercial mortgages, they can impose requirements on you that you aren't necessarily cognizant of, like the right to annually audit the business and call the note due or force a refinance at lower LTV if they don't like what they see.