If you were to go with the HELOC option, at best you would be able to secure a line that brings your Loan to Value (LTV) to 85% though its typically closer to 70-75% depending on your lender.

Hope that this helps and definitely wishing you and your dad the best of luck in securing his dream home.

If it's not yet on market, see if you can explore some creative financing with the Seller that could include a Seller financing option or an extended escrow that gives you the time to secure the funds to purchase. 

Try to secure two or three that will answer when you are in the middle of a crazy situation. 

I have learned Wholesaling by Ty the Flipman, I plan on learning creative financing techniques to go with it. 

Good Morning BIGGERPOCKETS FAMILY:QUESTION: I am interested for a property that Asking price its 135k , 3 days inspection period and 3-5 k escrow deposit  ; i need to made this deposit  in 2 -3 days , my question its THE SELLER are asking FOR A PROOF OF FUNDS, that i need to got from a private lender or hard money or conventional loan , in this time the seller will be receive all the offers and just select one ; THE best OFFER FOR him; how i compete to be the first to secure the property????

We have literally made millions using the sales techniques from both. 

What are some ways to secure financing for short -term Airbnb rentals knowing that they are more of a buy and hold.Any advice from individuals who have done this before on the best way to secure financing? 

I’m from the Bay originally and currently making the steps to ultimately secure my first house hack in the Sacramento Area.

But, if rental RE something scalable and fairly secure, I am interested in it.