I believe an effective approach is to include a seller concession in the purchase contract, specifically as a seller contribution towards the buyer's closing costs.For instance, we had a case with VA buyers where we implemented this strategy, allowing a portion of the loan to be disbursed to them in cash.

But will this type of loan work on this property?  

My question is would it make sense to save for down payment for another primary residence and rent this home out with negative cash flow to get into the REI game.

@Christopher Robert Noland Thank you so much for this!

This is a fantastic place to gain some insight into the REI world, particularly for those starting out. 

No, this is illegal in most states. 

So all in all a cash out refinance in this market with rates dropping right before the storm of buyers hitting the market and prices shooting up is all a good thing!

Even this https://www.coachcarson.com/building-wealth-one-house-time-j...

That fact that you have a little experience is good, but not a reason to go find one of your own to flip at this age.

This is high season in Western NC.