Find a mentor that will let you shadow them, continue learning on Bigger Pockets, and TRACK things that matter.Please don't get discouraged...real estate is a long-term play. 

In the industry this is most commonly known as a "Fix and Flip" Loan.We are correspondents with dozens of lenders who offer this type of loan.Most commonly, the loan will cap out at 75% of the ARV (But Investors do need cash, this is not a 100% financed transaction)75% has to include the purchase price and the rahab amount requested.The terms can vary greatly.The two most important areas that will impact the terms the most is 1.

@Alan HaleCan’t answer number 2 but financing has nothing to do with your profit I’m it doesn’t matter what you buy whether a car, home or pack of toothpicks, your profit is what you paid for it minus your costs/expensesWhere financing does come into play is it is a cost as money is not free - but it’s only what you have paid for that financing.Hope that makes sense

Purchase price: $115,000 Cash invested: $35,000 Sale price: $240,000 Move in ready, fully renovated townhouse, 2 bedrooms with 2 1/2 bathrooms and ample closet space including walk-in closets in each master bedroom.

What's the best way to beat an all cash offer as is with no contingencies and a quick closing?  

About 680 per month after 3.5 yrs it would be just cash flow . taxes on the property are low.

Most people think you can no longer cash flow with real estate, but you definitely can down here. 

(other than having cash/equivalent, preliminary title report, and the appropriate deed ready to go 'on hand')The MOST difficult part of this will be getting the lender to provide you with the reinstatement figure to bring the loan current (I do this and take title sub-to because it's actually easier to get the lender to provide a reinstatement than a full payoff). 

Is there any Business Owner Occupied Element or is a cash flow investment3.

That way, if you find a deal like this, you can keep your cash capital-gains-free?