I am hoping to bring a buyer soon and not have this be a real issue but just exploring a worse case scenario.

On the other hand, it's a lot easier to get those deals than to get someone who has equity and is going to give you a huge discount.I'm just exploring doing more direct marketing.  

Each week they have a different BP member guest who tells their story, or explores a specific aspect of investing.

So explore the site, read the posts, and check out the podcasts for some super good information.

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!