Your dad wants to eat the bread (title) he needs to help bake the bread (bank loan).

Use the flips to increase your nest egg.

But its easy to run afoul of the prohibited transaction rules.Further, I'd be leery of investing too much of your nest egg in any one deal.

Often there are other small costs that you might want to include as they can really eat into your profits on a smaller deal; things like home warranty, utilities or the final buyers repair/request list.

Both of these markets have some of the highest property taxes and homeowners insurance rates in the nation which eats up your cash flow.

I gave my resume and was quickly approved because I had been a bank examiner for FDIC that exceeded their expectations for management and I was in the business.MBs gain affiliate lending relationships under contract with as many mortgage bankers or institutions as possible or as the market requires to offer a product line.In reality, experience matters getting affiliate relationships, a bad egg can present huge liability issues for a lender, you'll find too that many banks won't allow third party originations outside their organization.

@Matt E. At

If his calculation for rehab/remodel is off, market pricing and hold time, or inspection for red flags is off, it eats into his profits.  

 :)   Figure out your miles and approx. gas costs for the round trip, and consider how your commute expenses might eat into your numbers. :)   Gas isn't free. 

If you have to keep going to the store for little parts it can eat up most of your day.