My current goals are to continue to acquire cashflowing deals in my local market, build up experience and with continuing growth and confidence expand to the point where my family is financially free.First off this community is amazing and has been a huge motivator to change my view on my investments.

Any advice would be greatly appreciated :) Hi Alejandra,1 year worth of financials will most likely be a conventional loan if you're self employed and can prove so for the last 2 yrs (financials needed as in tax returns).Portfolio like others have said are generally a bit higher in rates depending on the area of the country you're in.

You have given no indication as to the size of the deal, your experience, or your own financial resources.

I have estimates of the costs for architectural services and a ball park figures for the renovation costs, acquisition costs and a financial projection of the revenues and investor recompense. 

Hey guys.So I am currently in that space where I’ve been reading books and listening to podcasts but I am still about a year away from my first purchase (at least 6 months).To make a long story short, I’m cleaning up a mess a younger me didn’t realize would put a monkey wrench in the plan my current self has created to help me achieve financial freedom.With all the knowledge and experience everyone has been sharing, I’ve been feeling like I wanted to contribute to the community as well.But how does someone with no experience contribute to this wonderful community?

A good bookkeeper/financial advisor can get you setup with automated processes to make sure you know exactly where you stand for each property and show where every dime is spent. 

@Cisco Hood, not enough information to calculate a true financial decision.   

However, I want to provide security for my family long-term and attain Financial Freedom.

I stumbled upon Bigger Pockets 2 months ago through a Financial Literacy blog that I follow and have been an avid listener to the podcasts, which led to peaking my interest in RE investing.

You need to look through the Wind Shield in order to anticipate if the road ahead is clear or if there are obstacles that you need to avoid.Once you understand how to Drive your Business (or Investment), you start to do calculations based on the future, such as 10 year projections with Annualized Rental Increases, Expenses Increases, Rates of Return, Discounted Cash Flows, Internal Rates of Returns, etc.The people who think you can't calculate the future somehow missed the education which clearly has financial formulas that are designed for that.I am hoping the readers of this post really try to think about why there are formulas like FUTURE VALUE (FV)....... is that just something in someone's imagination?!