Buy the property for cash, turn around and instantly refinance the property knowing it will appraise for 20% more than your purchase price, the bank will stroke you a check for the entire amount you bought it as and you can pay back your lender. 

Instant profit--they made the money when they purchased it.

My plans were to buy it right with an all cash offer to save a monthly mortgage expense and have instant equity, then a year from now I would move out and obtain a loan or heloc for a second home that I would then live in and eventually rent as well.

With a license and an association with a broker, you are instantly in a conflict of interest IMO.

In a world were everything is instant gratification telling someone you engineer packages for pasta boxes doesn't get anyone excited.  

Buy it right and give yourself instant equity.

Instant $20,000 profit margin!  

Sam W.I don't have the expectation of instantly making money.

If you purchased and lived in a single family home its instantly a negative cash flow situation that you pay for 100% of all expenses.

Evict based on non payment of rent or agree and get order of possession “instanter” if they break the court ordered agreement.