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Updated over 7 years ago,

User Stats

2
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0
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Jeff Wilkerson
  • Property Manager
  • San Francisco, CA
0
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2
Posts

Model help for "unique" situation

Jeff Wilkerson
  • Property Manager
  • San Francisco, CA
Posted
Hi BP! First post and looking forward to more. Anyway, my Uncle is retiring and basically offered me a chance to partner up with him in an effort to make some money/create equity to buy a personal home in the Bay Area. The catch is that I would have to do the legwork. Once you understand the deal, you'll get it. Deal as it stands right this second: - My uncle will front most of the down payment on the investment property. - I have to contribute 5-15% of the DP - per his "demands," I need to create a model that shows a refi in X years where his money can be pulled out and my wife and I assume the investment in its entirety. The model also has to show our new CF, CoC, etc. after the refi. Where do I even start? Thanks!

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