I use quickbooks now for my other businesses.......I don't really like it that much.Does anyone have suggestion about a good accounting program for investors?

Solid strategy, I offer fix and flip/hold program 100% financing just bring closing costs!

But I did hear from one of my investors who is a Princeton grad--he read my book in draft form to give me feedback on the content and he said that it should be required reading for anyone in a graduate or post-graduate real estate program.

One thing for certain is I have seen more people change their lives and make more money than they thought possible by buying real estate.Biggest factors for the inventors that made it possible to earn more money came down to things like "Location, Networking (to build a team), using the best finance program (use the bank's money) (Less money down or out of pocket) to stay cash fluid, choose a home that offers cash flow and a quicker ARV be it walk in equity or quicker due to minimal renovations.I have investor's in states like Indiana, Ohio, FL, TN, GA and a few others that can buy a duplex for under $180K and refinance in 6 months after minimal renovations ($15K to $30K) and it appraises for 300K+. 

Programs vary by market and lender, but with organized documentation and realistic underwriting assumptions, DSCR financing can turn existing cash flow into the capital needed for the next deal.

Hey All - In the next year and a half, the brother and sister in law will be moving to Paterson, NJ to run an after school program.

We've also heard of programs where we can hold off on making payments on the house and renovations until the work is done.

Just DSCR lenders changing their programs

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

They seem legit as I have lost a few deals because of their 100% rehab and purchase programs.