I read in some books and posts that you need to secure a loan before making an offer so that you'd be ready to pay if your offer is accepted.However, Brandon Turner in his webinars and videos encourages us to make as many offer as possible after working out the right numbers using the BP calculators.

View report*This link comes directly from our calculators, based on information input by the member who posted.

In my market we allow for $3000-$3500 per unit per year.In your underwriting I would allow for 7% capex 7% for maintenance 7% vacancy, and 10% property management.Ballpark take off 50% off the NOI as expenses then take off debt service = cashflow.This is a back of an envelope calculation and not one to go by as finel.

But that’s part of the game when using this strategy.You can post some of you Calculator reports here for others to give you feedback.Good luck.John

I bet if you still tried and no matter how old you are or how settled you are, there’s always enough time and I believe you would and still could be amazing at something you should work hard to get.

Adjustments are dollar amounts assigned to features --  for example, if similar properties have parking spaces or garages, and yours does not, could throw your ARV off by thousands of dollars.I wrote a Biggerpockets blog post on how to analyze comps and calculate ARV here if you'd like to check it out: https://www.biggerpockets.com/blogs/8814/68395-how-to-find-real-estate-comps-and-calculate-after-repair-valueHappy investing and feel free to reach out if I can help in any way.

You bet it does.

Thinking this may be my best bet to starting out as I have money but no income to be able to get a loan.

Then a guy like me isn't your best bet.

I am looking for guidance on how to use the investment calculators, with the idea of presenting a report to a potential investor.