Is so, how did you calculate ARV?

Get the clock ticking on your landlording experience so that the future loans can start counting your rental income towards your dti calculations.

Based on my quick calculations, it looks like a 12% net profit with an exit price of $650k, and 30% on a $750K exit.

Wayne Brooks - looks like all of Bill Gulley's calculation is a bit off.Start with size of hole 30 ft x 14 ft x 6 ft (avg depth) = 2520 cu ftUsing 27 cu ft per 1 cu yd, you get 2520 / 27 = 93.3333 cu ydusing 15 cu yd per truckload: 93.3333 / 15 = 6.22 truckloadsexpect at least 7 truckloads based on calculations just shown.

So I cannot just calculate it once then memorize it.I spent 30 minutes yesterday googling and trying to find a passive income tracker.

These allow you to calculate one of the parameters if you know the other four.

I believe per FNMA, it's 75% LTV for investment single family and 70% LTV for 2-4 units.Your credit scores will impact the rate you receive (if you qualify).Your income, of course, will be used to calculate to see if you can make your payments and whether you'll qualify based on your Debt-to-Income ratio.

Unless you've got a lot of experience in this business, I'll bet that your expenses are 50% to 100% higher than your original estimate.

The idea is to get a quick estimate of profitability but why is are taxes/ins left out of the calculation?

You can bet the free stuff just leads to the stuff to buy so you get all the secrets.The payment of money, regardless of what you might like to call it, or anything of value that might be exchanged with any promise or agreement to grant title to any kind of asset IS a financing arrangement.