Joseph T Welcome to bigger pockets, it's the best place I have come across for learning and networking.

I have been stalking Bigger Pockets for a couple weeks now and finally joined.

Additional information:1) I plan on purchasing a 'turn-key' first home to live in and shortly after settling in I plan to purchase another property that needs some work to possibly flip to build up some capital for the next (bigger) investment.

The forumla for cash flow, based on the 50% rule is simple:cash flow = Rent / 2 - P&I paymentSo, the bigger the down payment, the higher the cash flow.

At the very least you should use a much bigger repair number to account for your lack of knowledge.

The bigger picture is that when a given local market is cold, few investors have the courage to buy.

Thomas, welcome to Bigger Pockets and congratulations on your first acquisition.

Yeah, it's a little scary, but you'll learn so much from Bigger Pockets.

I am new to this site and wanted to introduce myself. My name is Kyle, I live in Burlington, Vermont and am looking to get into the real estate industry! I'm looking forward to learning about the industry, best practi...

Bigger pockets was there to help me every step of the way.