How to make bottom of part constantly face point?

I'm trying to make a parachute, and in order for it to be realistic I want the bottom of the chute to constantly face a point no matter the position of the chute itself.

I know that CFrames can be initialized with a lookVector so the CFrame faces a certain position, but the problem is I don't want the front of the parachute to face the point, but rather the bottom of it.

I've tried multiplying the lookVector by a bunch of Vector3s but I wasn't really sure what I was doing and it didn't help at all. I've also tried doing cross products to get a perpendicular vector, but I don't know what to multiply. (point.Position - chute.Position).Unit and what?

EDIT: Ok, people want code. It's not going to help, but here you go:

local runService = game:GetService("RunService")

local parachute = script.Parent
local base = parachute:WaitForChild("Base").Value
local dragBF = base:WaitForChild("Drag")

local resistanceCoefficient = 10
local parachuteDistance = 10

runService.Heartbeat:Connect(function(step)

    -- Compute the parachute's drag force
    local drag = -base.Velocity * resistanceCoefficient 

    -- Compute position and direction of parachute
    local chutePos = base.Position + base.Velocity.Unit * parachuteDistance
    local chuteLV = ????

    parachute.CFrame = CFrame.new(chutePos, chuteLV)

    dragBF.Force = drag
end)

I don't know what to do for chuteLV