I don't know how you are getting these amazing deals and completing them so quickly but keep it up!

HI BP, I want to borrow some funds off of my Dad for a quick rehab but he's new to the lending game and I've never borrowed short term before so we're both curious as to what's the norm for this type of loan?  

From a quick breakdown I'm seeing that it should cashflow around $600 per month.12% Cap Rate, and around 25% cash on cash. 

If you find someone good, pay them quickly and they will come work for you again.

@Miguel Jauregui I am working with some database experts to build something custom.

Comps in the area go for 130k-150k for similar style houses (same neighborhood) and will most likely sell quickly due to the housing demand we will be having in Houston.

They provide financial literacy through classes as well as reoccurring support for customers/students.

I am working on developing my website and would like to have everything my customers or I need, in one place.

You might consider both (asking for references, and scouting the early bird material buyers in different sections of store) so that you have contacts for quick-and-dirty jobs, as well as larger projects.  

May be he is looking to sell quickly for whatever reason and 100k cash looks appealing to him than waiting for 30-45 days for commercial loan to close with no guarantee.