Have you ever learned how to evaluate a property to calculate whether it's a good investment or not?

@Braden Heard start farming & growing your personal network to find deals that you can start out wholesaling, then flipping, then buy & hold as rentals to build wealth.Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

If all you want is to calculate cash flow you might be better off investing in an annuity.

They just want everything calculated and in full control. they have the most to gain from hiring a manager.

Like I'm calculating to spend $1500 month between mortgage insurances and HOA but think if I rent it I'll probably only be making $1250 a month.

I have other tools and calculators I like to use to analyze deals so I haven’t gotten tied up trying to do complex things like that with it.

Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

Every calculator has stuff that seems irrelevant or is not true to the situation. 

You can plug these values into a mortgage calculator and BAM, out comes estimated equity. unless these companies are getting credit level information you have no way of actually knowing how much equity is in the home ( unless you see their bank statement.. )

Hence, it would be good to calculate your cash flow after the cash out refinance to make sure you'd be in the positive after the refinance and that you are comfortable with the decreased cash flow.