We believe that we can add value instantly by increasing the online presence of the property.Even at the high vacancy rate, creative financing on down payment, and with accounting for property management and cleaning costs (which we plan to pay ourselves to do, but may want to outsource later if able), the cabins at their current rent price will cashflow, according to the actual NOI formula above, so we are feeling pretty confident in the purchase even if the value add play doesn't work out.

By line of credit he likely means one of two things:A business line of credit pre-approved up to a certain amount that he can tap instantly orMost likely a home equity line of credit (HELOC) on either his primary residence and/or other rental property with significant equity (the kind you get from appreciation) pre-approved up to a certain loan-to-value.

The economy can change at an instant.

*Travel Points with bank (Disclaimer: I do not pay interest on this since I pay it off instantly.

@Jared Church,You'll also want to read "Think and Grow Rich", "The Richest Man in Babylon", "The Four Hour Work Week", "The Instant Millionaire", and others you may find recommended.When do you turn 18 so you can legally enter into a binding contract and start doing deals?

The pros are you have instant revenue coming in.

Which would instantly give you that much equity if at bare minimum you bought the property at face value.

Then use instant domain checker to find which domains are availible.

[that's the first reason realtor is involved]The reason I specify the "rent credit" is because 2 things can happen:1. if I say the credit is going to pay down the total property price when the option comes due, the T/B still has to come up with 100% finance2. if I structure the credit to paying down the down payment, the T/B then only need finance the portion that is remaining, which results is a much higher rate of purchase [ if this is the ultimate goal of the owner, I present this as an alternative to going through the traditional way of selling the house, which takes time, and this is almost instant?

I'm looking to tap into the instant equity in this property and no just get what I paid for the property back in a loan.