I ran the numbers on the BP calculator and at 100k I’d cash flow about 315 per month...so agreed not a homerun but def a base hit and something to gain experience with my first deal.

These were the numbers I ran before purchasing the property.

These were the numbers I ran before purchasing the property.

It was stop and go at times depending on when I ran out of money.

I ran the numbers for both a flip and a rental property through the BP Calculators the night before.

I’m looking to buy old fixer-upper homes and rehab them with a small established construction team on an ongoing basis, but we need investors to start.

But then I ran the numbers at tax time and both houses made like 10K each in appreciation and even after repairs made a few thousand in cash flow, and the stock market freaks me out too so I guess I'm staying with real estate. 

This reserve money must not include your down payment or closing costs.Solution: I ran into this on my second purchase and it hurt a ton.

Even if you can buy a property with no money down you need cash for ongoing expenses and reserves. 

., generally 6-12 months), the increased up-front fees, the required initial and ongoing Mortgage Insurance Premium payments, and the increased lender involvement when compared to a bank loan and/or agency debt.