Hello everyone,I am new to the real estate game and have recently found this forum which I have learned incredible amounts of information from.

Originally posted by "Edalgo":Oh and I'm probably a few years away from coming close to owning a property :( but hey, eventually Ill get there :)Don't count yourself out of the game so soon . . .Welcome to BiggerPockets!

thanks all - now since its a numbers game I want to create an excel sheet I would like to knowhow to calculate mortgage monthly payments, what is the formula - I thin I have it, but when I do it on a webbase calculator - it is off by a couple numbers, I want to know the actual formula to determine my monthlyonce i have that I will input the expenses so I can know if this house is a great investment or notthanks

The folks who collect money for selling boilerplate websites and then conferring "loss mitigation certifications" to its customers... and to those who do provide a and charge for a service.

You'd think the builders would want to build a large potential customer base for the future.

it's all fun and games when you're talking about and thinking of a good name for your business.

Not sure if anyone reading has ever heard about us, but we are a factory direct supplier for most of our customer's building needs.

I'm also a recent college grad (2 years ago.)I'm new to the REI game as well, but anxious to get started.I wish you nothing but success!

If you want to start one, I'm game too!

Unless you have extensive knowledge and connections with rehabbing, financing, market analysis, and just general real estate investing, I think you are setting yourself up for failure trying to break in to the downtown renovation game right now.For a beginning investor, I would rather you start out with something safe that has a strong possibility of bringing you a quick return rather than play the dice and hope it hits in time, and that advice has nothing to do with being my competition.