I am the boots on the ground and always looking at, analyzing and number crunching potential deals and they all work best without hard money.

Until this point in time, the only sort of real estate investing I was doing was rifling through the MLS, bothering realtors on a daily basis, number crunching deals I found, listening to BP podcasts (which there simply aren’t enough of), attempting to network with more investors as stoked as I am about real estate, and waiting for the numbers in my bank account to give me the green light to buy.

I haven't crunched the numbers as of yet.

I enjoy the process of doing your due diligence, so I’ll make sure to crunch all my numbers, and hopefully this awesome community can help make sure I don’t miss any steps.

The numbers are important and I would continue your research and learn the best way to crunch these numbers accurately and conservatively and doing it your way as well.

A fully rehabbed turnkey property will probably not need the maintenance reserve of 10%.How do you all crunch the numbers so it makes sense to you?

Should I crunch the numbers during our meeting and make an offer, or should I go home, crunch the numbers, gather data, then call them back with the offer?

These "investors" don't have money because they have never been able to accumulate any savings at all.For some of these folks, their issue appears to not so much be a a cash crunch problem, but a lifestyle problem - a basic inability to manage finances.  

The investor criteria to get into such a deal then is just to have the money available to make a reasonable down payment on a deal that (at the interest rate spreads of the present money crunch) negatively cash flows if you put more than 60% debt on it.

Once I closed and crunched the numbers, I realized I hadn't been paying for mortgage (rather pocketing $ every month), and walked a hefty profit check.