I recently came across an opportunity to help a builder with their financing.

The property is paid off so you have options.Based on what you’ve shared, you carrying the note sounds like a viable option.Have you considered seller financing?

One with low cash, one with some owner financing and a little less price. 

You may want to research the term ' Debt Financed Distribution' Which does have a tax implication for the investors receiving a distribution.

Here are a few tips to help you get started:Financing: Since you’ll be starting your internship soon, lenders may look at your projected income or require a co-signer until you have a longer work history.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

I joined this forum to connect with others, learn from those who’ve been in my shoes, and maybe even find people to partner with in the future.If you’ve got any tips, especially around raising capital or structuring your first deal, I’d love to hear them!

Also, consider lenders that specialize in investment property financing, like LendingOne or Kiavi. 

Could any of you guide me on what I should do initially to secure financing?

If you're using traditional financing on your primary residence, they're going to do another credit check on you just before closing.