This structure, by definition, gets you an instant equity position.  

The point is that even if you're buying at a 32% discount to FMV, the bank is not going to instantly lend against that.Hope that helps clarify it.- Tom

It saves money selling flips, it monetizes more leads, more than pays for itself and allows you to not waste time screening calls, but meeting sellers and locking up deals (and you instantly come into that situation with some credibility).  

Relative didn't pay the mortgage for three months in a row, My Dad had no clue, this was 1990 before computers and instant info.

This isn't a recipe for success in this connected  and instant communications world.I am sure you are thinking of other social media methods of communication, but, talk will never go away!

Dillon, just to reinforce what a couple others have already said, look into a duplex, triplex, etc instead of the townhome.It will give you instant experience in real estate investing and the rental units hopefully offset or reduce your out of pocket mortgage expense.

USP would be instant approval on a non recourse loan, minimal paperwork and no credit scoring. 

Insurance companies will pick that up instantly and not pay out on small or massive claims if you don't have your documents lined up correctly.  

It seems like instant cash flow.

So now they want the instant gratification without effort because life keep moving faster and faster and the goods will be delivered to them with just a click of the mouse.