If you want a better/more specific answer post the net proceeds from sales and purchase price of purchase and ask the local expert @Dave Foster for his opinion.

That's the question you have to answer. 

Generally, we see rates between 8% and 18%Loan Terms: These can range from short-term (5 years) to medium-term (up to around 12 years), depending on the lender and the purpose of the loan.Fees: Origination fees, and processing fees are common.

Just another thought on this - since you didn’t mention it in the original post - remember equity to a lender is viewed through percentages not dollars as most people think about equity.

Nowadays, many lenders would always pick a lower rate when disclosing the LE to the their borrower, but the borrowers are not aware how much are they being charged for their origination fees.

I have no dog in this fight, but the point of these forums is to connect people with more experienced investors and get answer to common (and uncommon) questions or problems.

Crappy phone pictures and original owners had stuff everywhere.

I hope this is the type of answer you were looking for!

I know this is 6 years old, but did you ever get an answer?

Tough one to answer because not all investments or investors are equal so what some will find is a deal others won't.