The BP calculators are a great start for analyzing deals and I have also built my own financial model I help investors analyze deals (have an example on my website below).

It may just be that I'm going to have to look for deals another way, but it's got me worried I'm doing something wrong in my initial estimates.Here's how I'm calculating my estimates, using a current duplex on the market as an example.

At this point I am just trying to get my head around the complicated concepts and like math, I learn the process by looking at real life examples.

Walker's Point and Riverwest, for example, are both pretty hot right now. 

As another example, eXp has their fees on their website.

For example, CA requires reporting and an annual $800 tax on all CA LLCs, even if the property is elsewhere.

Your credit doesnt have to be perfect but you cant have any outstanding items for example recent bankruptcies, not current on most things. 

However I realize that in these markets, profit per unit is so minimal that even a short vacancy can turn into a negative cashflow situation.Here is an example, please let me know if I am missing something;Assumptions:  Purchase price: $100k. 

Fund that flip, patch of land, lima one, finance of america capital, lending one, are examples of hard money.Private money comes from a person you have a relationship with that lends their own money.Some ways to creatively finance a flip: Partner with an experienced flipper on your first deal.

For example, I believe an attorney/broker can't broker a deal and do the legal work on it (however, I would like to see if there is a way I can do that as I want to be more of a "one-stop shop" for my clients).