What you need to do is try to exhaust all your other options for instantly borrowing any down payment that you might need.

I think my biggest questions would be:Are the updates instant as the MLS?

@Samir Womack  For stronger offers, there are quite a few credit cards offering instant approvals these days. 

Yes, we did inform the seller's side instantly to minimize damages. 

They’ll burn all their bridges with investors and realtors in an instant. 

After the property is purchased, the buyer pays the seller monthly mortgage payments, just like you would pay a bank in a conventional financing situation.The benefits of owner financing for the seller are that you will have no headaches managing the property, nor do you pay the condo fees, taxes, home insurance instantly generating over $800 more in cash flow monthly, on top of earning a large amount in interest during the payments.

Instantly worth $20-50k more.

A lot are new transplants to the city, like yourself, and may be interested in the instant community a by the room rental provides. 

Or so I thought…On pay day, when all my commission and bonus was set to hit my account, I excitedly logged onto my banking app, preparing to see my life changing check dropped in.

You got most of your cash out, have instant equity, great RTV and a property that will likely appreciate quite nicely.