We handle this all the time it's not difficult, just an extra step. 

However, if your father inherits and later transfers the home, it should qualify for a step-up in basis to fair market value, reducing future tax liability.If the goal is to tap into equity, having the trust take out a HELOC may be a better option, avoiding California Prop 19 reassessment, which could raise property taxes significantly.

Hey, what do you think it's the first step to get into the flipping market as a beginner ?

Joining BiggerPockets is a fantastic first step – it’s where so many great real estate journeys start.

I'd say practice patience.

And the final step, what will you do with your current home?  

One question for the community is: What are the next best steps I should take to further educate myself and get started in this industry to set myself up for future success?

Thank you.Good morning, Joel - What you are describing is a very common practice on the private lending side of the financing industry.

My goal is to help my clients (and myself) make smart, practical decisions that balance cash flow, scalability, and risk which is crucial I know real estata is risky I have raised over 20 million dollars in Business Funding over last 3 years.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.