I also get many investors calling asking about properties that I am selling with owner financing and they just waste my time because they've never taken the time to understand how seller financing works or how to go about the process.  

Not asking for seller concessions to help buy down the interest rate if someone is using bank financing

@Kieran DowlingI question the amount financed. $212k is that a quote from a HML?

Additionally they might want owner finance with some down for the business, building, or BOTH. 

As Jessie mentioned you should try wholesaling to build up the cash for your first investment property.Always ask for seller financing and this might be something you could keep for yourself as a rental.

Would love to do 20+ flips this year but don't see that being possible without access to 100% financing through private lenders.

Preferably buying a duplex or fourplex with an FHA loan (96.5% financing) or some banks will go up to 95% on similar properties with conventional financing.

How did you finance this deal?

Of course, this depends on loan guidelines at that time, the type of loan you use, and your finances in the future.

Ive done one around finance, and building career.