i.e. just to start with any total balance and quickly figure out what it would cost per month and/or per year with interest and pricipal.

When I ball park it for them, they freak out because they do not have a clue what a project will cost or what it costs to do an estimate (figure 40 hours or more for a big project) or run a contracting company.

I'm looking for some actual figures here....thanksI'm new to this forum and hope I gave all the info needed.

Is there a formula you do prior to figuring out to rent or to sell.

When you buy a property from the bank, they will clear all the other liens before they can sell it to you.I too would like to figure out how to buy one-sies directly from a bank.

They will charge you a few hundred.If you mean you want to figure out what a house is worth, then that's something you need to be able to do on your own.

I have a friend who has ten rentals and he told me he figures 10% of gross rents for repairs and that has worked fine.I am going higher than that, that should work since all og the mechanicals, and roof or not very old.

Go figure.

I can't figure out from your posts or the Berkeley University link in your sig line. ;-)You need to see "American Carol".

You'll have to double close.Very difficult to get conventional financing with a double close because the end lender will figure out you (the seller) don't actually own the home.