I've been analyzing the numbers from the example deal from the Bird-Dogging 101 article here:http://www.biggerpockets.com/articles/bird-dogging101rb.htmlI'm using a spreadsheet, and I can't seem to come up with the numbers that he has mentioned...specifically the "Additional (Not covered by loan) expenses: $7,500.00"My understanding of this figure is that it is the difference between the loan amount, and all of the expenses.The loan amount was $105,000, and the expenses were each of the following:Acquisition Cost: $7,500.00Repairs (estimated) : $9,000.00Four month Average.

I haven't made a deal yet...but I just figured out what step I was missing!

I'm still in it for the long haul, and after reading some of the post and articles on here I have figured out where I have gone wrong...lack of cahones!

I'm new at all this and after reading quite a few posts, I'm trying to figure out that the difference between the three are?

Hello all,

Im also new to this but have been reading alot i have a couple questions, 1st a little about me. I live in Texas want to get into real estate I have about 25K and intrested in all levels renting, rehabs an...

The investor who plans to purchase a house and flip it needs to see what the average salary is before figuring out what the price point for the house will be.

how many real estate deals do you figure he could have done with all that time and effort?

If the mortgage payment exceeds these figures then you may be looking at a loss either way.You would have a few choices.

There are a number of ways to invest in real estate, you just need to figure out which of them interest you.Good Luck,NavyDoc

What steps do you take to figure out if the area is worth investing in?