Check out the podcasts as there is valuable information that you can absorb; the learn section has many good articles that you can read and when you have some time you can explore some of the forms that are available.

I am looking at the possibility of helping him out by partnering up with a builder (haven't looked for one yet) and arranging to split the profits if possible.I am exploring the profit potential to present to my father, and would like to know if anyone has some advice, or knows a builder in the Coeur d'Alene area that is good and works on single family construction?

@Ben Erle you should explore this option, this topic has been discussed here on the forum multiple times, search and learn.

Call around to as many credit unions as you can and explore your options.You could also look at the delayed financing rule which would allow you to immediately cash out refinance up to the full amount of the purchase price.

And if your concern is liability, an umbrella liability policy is a much safer way to approach that problem.Enjoy exploring BP- make sure you read the great stuff under the "learn" tab above.

Have fun exploring the site and listening to the podcasts!

(this is a 30-yr. amortization).I plan to sell the rehabbed property and pay off the portion of the loan assumed for that purpose...But I want to explore options of a buy and hold on the second property, which means I need a better long-term loan for the properties.

My original thought was to create passive income such that I could live a nice life on a beach exploring in different countries and improve my Mandarin.Now, it will be focused on developing a business.

I am exploring the possibility of working with private lenders for commercial size (5 - 100 unit) multi-unit residential / mixed use (high % residential) properties.

We are currently exploring this exact scenario with one of our investors and our accountant gave us the thumbs up to move forward.