Literally everything one should, or shouldn't be, do, know, act, will all be correctly guided from those 3 words. 

All of those factors will guide you on doing a buy down.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..

But even with that, he needs someone to guide him or JV with him who isn't going to take advantage of his youth and inexperience.  

Here’s a quick guide to your options:1.

Your accountant will guide you through.

Start with BiggerPockets Ultimate Beginners Guide (free).

When I went through this process, I found guides like this one super helpful for breaking down steps and understanding what to expect.

I use pricelabs as a guide but it takes time "in the market" to see how guests are responding to pricing.

I’m lucky to have a fantastic mentor who’s been guiding me with advice and tips.