Thank you for your contribution, greatly appreciated.In the 100% scenario, the seller would be 1st position lien holder - in the 20% carry they would be 2nd position subordinate to the bank debt, which is a major difference.

Based on these circumstances, and also just in general, I'm wondering how investor-friendly agents out there approach sellers that have a home that is too overpriced for a fix-and-flip situation?

They always have the winning bid until the bid equals or exceeds the debt associated with the property.

Additionally, where do you foresee the market heading based on your day-to-day work in the industry?"

I'm based in NJ it's so expensive here.

I also put all of the materials for the project on credit cards (don't recommend) so I was about $30,000 in credit card debt before I finished and paid off my debts.

My 1031 proceeds are half equity and half debt and I can not fund the debt component with any additional personal funds.  

As for your "better off in the stock market" comment, your analysis is flawed because it is based on an equal cash vs cash assumption.

He o owes no debt on it.

I would like to refinance all my properties, currently they have zero debt, and I want to use that money to buy more properties.