I pay off principle of the mortgage around 13-14K a year and expect it to be an amazing long-term, cash flowing rental.

The CU offered me $200k, interest only or principle and interest payments.

I'm trying to figure out a structure that would allow me to essentially pocket the $100K rather than applying it to debt.

What you are describing is essentially a double close. 

It's a mountain town, essentially, mostly full of second home vacation owners.The restrictions were created by the original parent parcel owners before they subdivided it all.

Building a Successful Multifamily Syndication Team: Essential Skills and RolesMultifamily syndication is a powerful investment strategy that allows investors to pool their resources and acquire larger, more profitable properties than they could individually.

It's essential to understand the extent of the damage and the quality of the repairs.- Structural Integrity: The main concern is whether the fire compromised the house's structure and whether repairs were cosmetic or structural.

The existing farming operation would essentially be our "tenant". 

I knew I was essentially looking to BRRRR with my back up plan to flip.

You could essentially find a home with low equity, pay for the closing costs and take-over a 2%-5% loan, saving you hundreds of dollars every month!