Rates are too low forcing more buyers into the market making more competition.

For low income cheap Cleveland houses you need insurance to be there for you in the event you have a total loss.

This is especially true for low down payment multi family homes.

For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

With such a low ARV, you will probably be looking to sell at 75% ARV - repairs, so subtract your fee/% from that number.

For example, if I knew the seller was okay with $600k, then I would want to offer them $800k with them contributing $200k to repairs and I would fund this with a commercial loan. 

You can use the cards as a loan to get cash with very low to 0% interest or use them the traditional way.

Hi Priscilla, I have funded some flips (and also raised money) in Orlando so I know the RE market fairly well.

The kind with low money down but you have to live there?

Purchased various sheriff auctions, short sale, and just low balling.