I'm interested in learning the basics as far as how to put deals together.

Basically, if it is under $800 we are interested and ready to get going.

Value (CAP RATE) is calculated by NOI/Price...The market condition is basically what CAP rate people are paying in your market.Also think about this?  

We just cleaned 2 roofs and siding on one house today , basically a 50/50 mix .

After speaking with some specialist securities attorneys we have our basic structure locked down.  

Basically on houses like this, we do retail ready rehabs.

it doesn't change my thoughts, jeremiah. raising the intrest rate isn't a big deal unless it is a huge amount. selling the property may seem a viable option, sure, but in refinancing, you basically are selling it, to yourself. the tenant is paying the payment for you so there is no out of pocket cost to you, plus i am sure you can do much more with the additional money to offset anything that raising the rate will cause. use the house as a " money house", if for nothing else

Hi BPers,I'm a brand new investor from Philadelphia who wants to start getting into real estate (after learning the necessary basics of course).  

They basically ignored my response and did everything for that work order.

I have less than basic knowledge of this business, but I just read Rich Dad Poor Dad from Robert Kiyosaki as well as the ABC's of Real State Investing from Ken McElroy (from the Rich Dad advisers).