All of these factors dictate pricing and help you understand whether or not you have a good deal.

This is his scenario.Home 1: Duplex purchased with an FHA loan.2 years later...Home 2: Currently moving out of the FHA financed duplex into a owner occupied SFR (5%) down.Outside of the requisite 20% - 25% down payment for an investor owned building, he's now thinking of how to finance HOME 3 (multi unit or SFR) and possibly HOME 4 (multi unit or SFR) and how using an FHA loan again might possibly factor in again. 

I know it depends on the market your in as well as other factors, but what do you personally strive for in your investments??

@Shetal Gandhitime being a factor for you right now when it comes to actually having the deal , how are you planning on managing the flip itself?

It sounds like you may be referring to a factoring company or merchant advance lender.

@Daniel SistoA couple factors will dictate the amount you can take out.  

The bathroom was going to be remodeled anyways, so that isn't really a factor here.Based on all of this, I felt comfortable asking the seller for a price reduction from $187 down to $177.  

Lots of competition and lots of people factoring in price growth.  

So we're now able to calculate just how much we are saving them, and will probably factor that into future rent increases.

I'm married with 2 beautiful kids and a wife that has been out of the work place to take care of them.