Narrow your focus, stop buying properties, and figure out what you actually know really well rather than letting FOMO, spreadsheet calculations on faulty pro formas, and advice of strangers on the internet influence your investment decisions. 

Did you figure in realtor commissions?

Did you ever get this figured out? 

I agree with what everyone else has said, those figures seem extremely high.

This is what I did when I was in a rough area.

Carlos, that’s a jaw-dropping figure… $563,313 in interest paid!

Figure out how to fund the purchase.

My first house had a tenant in it when I bought the house and they just up and left and left the house in rough shape.

I understand the safest option is to have a lawyer review the lease, but I figured I'd try to answer my beginner questions here and not waste the lawyers time (and my money) on the "for dummies" explanation.Thank you!

This doesn't come cheap--these folks were making high six to seven figures depending on volume.We focused on lending to professional real estate investors--so our customers were frequent repeat borrowers.