If you're looking for an accountant / book keeper reach out and I have an excellent referral for a firm that is virtual, does only real estate investing, and their accounting work is incredible. 

Buying a random property in OH or AL or KS solely on the basis that it has a lower purchase price than a property in CA just isn't going to get you very far. 

I have seen this before on limited scale and it worked excellently. 

I've been trying to use this formula but lost some excellent deals. 

@Jack LeeTo improve deal analysis skills, use BiggerPockets Calculators, YouTube channels, podcasts, books, online communities, Excel spreadsheets, and local networking events.

I know how much of a relief it is to be able to have confidence when referring my clients to another agent out of state, and I want to build that confidence with you and provide excellent service for your clients.Please feel free to reach out to me and we can talk some more.

Some lenders may still offer 10% down, but they might require strong compensating factors such as excellent credit, higher reserves, or a low debt-to-income (DTI) ratio.The requirement for 12 months of reserves is common with jumbo loans right now, especially in Southern California, where property values are high.2.

I'm having trouble figuring out how to do this in excel.

I'm starting out and have one investor in particular that has paid cash and had excellent outcomes thus far.

Still, we appreciate you and the entire REI team for your support and excellent service.