Anyway, the correct way if your valuing by the income approach is to take the total yearly gross income, subtract all of the expenses except debt service (principal and interest payments).

I do not know how to do this, or if that advice is even correct.

I agree that most people use the tapes, books, etc. as dust collectors which is the main reason they are not successful, although most of the guru products are tools to upsale you on the next "bootcamp".My partner actually got started in RE by buying the Carlton Sheets program and he became one of his "success stories".

Correct, investors do this all the time.

Is that a correct way to phrase the question?

If you look to the left under Popular Links, you will see Property Analysis Tool.

But if I am understanding correctly, you are saying to find a investor/buyer first then submit the offer to the bank on behalf of the investor/buyer?

So since you are familiar with short sales, you know how to fill out their balance sheet and see if they have a chance to save it by their positive cashflow....correct?...

There are several organizations out there that provide similar service offerings and in my opinion, it is only a matter of time before these kinds of services become conerstone tools to help you grow your business and claim your fair share of the marketplace.

This is a great tool for getting indecisive sellers to make a decision.