Real Estate Agent · Raleigh and surrounding areas · Member since 2019 · 39 posts · 14 votes
6y
Hi @Nick Bennett My apologies! I thought my question uploaded - newbie here! This is a SFH, off market that I came across today. This would be my first deal. My personal goal is to partner with someone who can assist with bulk of financing/down payment. Let equity build, then refi and hopefully buy them out down the road (not sure how many years down road). When we refi - shorten loan terms with the goal of it being gifted to my daughter at 20 years old. So a buy and hold, I will manage myself since it is local. The challenge is financing, figuring out how to present to a potential partner and ensuring the analysis is good. I am VERY green with running numbers and am practicing. Hopefully all of that made sense :) Thanks for your input! What a great community we have here!