If you have any questions, please feel free to contact me.

Our plan is to buy the first home in cash, likely $550k-$650k, operate it under management for 3-6 months, then refi to pull out what we feel the property can support for a mortgage so we do not end up upside down. 

The money would be in my dad's name though, so I feel like there would problems with this. 

My feeling is having another party involved incrementally creates another link in the chain that can be delayed, broken or worse - allowing the payer to "claw back" payments, sometimes months from now.

It will ALWAYS feel scary at some point no matter how good the property/deal is. 

I work with a team of millenials, they are not buying because of limited inventory and the feeling most of what is on the market is overpriced, and we are still awaiting a bigger correction in housing prices. 

We are willing to put the work in because we feel there is a need in our community. 

When the time comes feel free to reach out.

I feel like 2.5% is fair but don't want to ruffle any feathers over a few hundred dollars.

Feel free to reach out via PM.