A GRM is a basic appraisal method and can be a valuable tool to sift through the multitudes of potential deals, BUT you should ALWAYS run an actual income and expense statement on a rental property before you make an offer.On a side note, the 1% number is the general break even point to have positive cash flow with typical financing.

“The Journey is as important as the destination” Keep in mind that real estate is a process that typically does not produce immediate cause and effect outcomes like many things in life.

which we are assuming is a big no.Is this typical behavior for a place selling real estate for a bank?

Once I complete a decent rehab or two, I will have the basis he requires, but I need to figure out how to make the first few deals happen.Does this all sound typical, or is he a little more conservative than most?

We Also Do 100% Joint Venture Typical financing structure: Our funding source provides up to 100% joint venture equity financing.

Typically these lenders are out there to aid small business owners to get mortgages.

Given this situation, what is typically done to avoid this initial cash investment?

Typically, a lack of moisture isn't the biggest problem but issues arise when you have different soil moisture levels under different parts of the foundation.

Guys in these typically are around at least a year or two.

What type loan should I be looking for and what are the typical (if there is such a thing) fees involoved?