Simplistically, Rent > Recurring Expenses + Profit.

Watch the getting started video for details but simplistically enter the estimated rent and some other known factors and click Estimate.

A very simplistic answer is its a 2000 furnace Payment$1950 is principle on the furnace$50 is InterestDate                      Account Title                      Debit            Credit12/2/2014             Cash                                                       $ 200012/2/2014            Liability Furnace Loan         $195012/2/2014            Expense- Interest                 $  50                                                                                              $2000           $2000Also the Furnace expenditure should increase the cost basis of the property for valuations and cost accounting and profit/loss metrics

Sure that's simplistic, but no matter how I structure the income and tax strategies of both types of investments, I open up those strategies to critique, and begin a discussion on the best way to tax advantage real estate income. 

I recently moved out of the unit I am now renting and now I am looking for a primary residence to take advantage of the low rates for the long term (not an investment property).The deal would look something like this:Property Value: +/- $200kCurrent Mortgage: $100kBank Financed @current rates: $150k - used to pay off current mortgage, $50k to the sellerSeller Carry Back @6.5%: $45kMy Down Payment: $5k(This is a bit simplistic since I am not including any of the closing costs, repairs concessions, etc. in the post but I am sure you get the idea.)I found a place and the seller is willing to carry back but I cannot seem to find a bank that will work with me.

This is too simplistic to be useful .

Although, the lessons are too simplistic for investors.

Chris, in simplistic terms, your offers should be 70% of ARV less repairs and as a real wholesaler, you need to know how to properly evaluate rehab costs and pass that info/due diligence on to your buyers.

The funny thing is, "real estate investing" is such a simplistic term.

They are slowest to rent and sale plus the turnover rate is highest.There's of course a lot of variables but that's a simplistic explanation of how I would proceed based on my market.