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Real estate investing isn't as hard as everyone thinks. You don't need some long book and a CD with all kinds of confusing information in it. You just need to know how the bank works to be able to get a loan. Then you rent out the home for the same amount of income and it costs in the first place. Then you have $1000 income from rent and $1000 worth of mortgage payment and taxes. The amount that you can afford with the bank is called your borrowing power and you should quickly find out what yours is.
Use my free mortgage calculator to figure out how much of a monthly payment you can afford and then go from there. The bank will figure out your debt to income ratio which is basically your bills divided into your income to get a percentage. That debt to income ratio can not be higher than about 40% in this economy. Lenders were loaning out mortgages for up to 50% before the real estate crash. They were also giving out home equity loans for 110% of the value of your home so there was nothing to back up that money.
You can even have a property management group rent the home for you. They will get someone in there at a market value and take 10% of the rent each month. It's well worth it to not deal with the head ache because they also take any phone calls and problems of the tenant for that 10%. You are never bothered unless you need to replace something and it costs money they will notify you. You can spend your time going to the bank to get your next mortgage for your next home.
Once you have the rent go back the mortgage calculator to see what you can afford with your new income. It will show you everything you need to know about your monthly mortgage payment. Also make sure you have the current interest rates because it makes a big difference when you're crunching numbers on your next mortgage.
I have a few pages about real estate investing because that's all it takes to start making money with real estate! Just buy a home and rent it out, it's that easy. Plus in this economy it's a great times to buy because your homes will start to appreciate very soon and very quickly. This is the real estate market where you can double a lot of money that you don't even have. All you have is the down payment to a $100,000 home and you double the $100,000 to $200,000. That's amazing profit right there that you cant do in the stock market. | 
