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OP deliberates and proposes a plan: He will lend them the necessary money in exchange for equity in the house. This means that if he contributes 25% of the purchase price, he would own 25% of the property.
Contrarily, OP’s son sees the advantage in his father’s offer and decides to accept it. Along with his partner’s savings and a first-time home buyers program, they amass a substantial down payment, acquiring a moderately priced house.
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