looking for the right HML

[Mark Elliott]

hello to all. just a quick description of myself. i am a real estate investor working in the western New York area. i have been doing this in this area for 12 years now, with many successes. i am a licensed home inspector, work as a handyman for a local property management company, and currently own several investment houses. i can safely say that i know the area quite well. 

given my home inspectors experience, i feel very confident in my ability to judge the condition of a house and evaluate the rehab to bring it back to a marketable condition. having a degree in accounting, i feel quite confident in my ability to manage the numbers part of the transaction as well. having recently passed a course in furnace installation and repair, i feel i can safely replace appliances such as the furnace if need be and a water heater if need be, saving large sums of money in the rehab. 

he is what i am looking for. i am looking for a HML to fund my latest find. a 4 bedroom, one bath house with two stall garage in a family neighborhood that i currently own 2 houses in and have purchased more in the same neighborhood in the passed. the necessary repairs are as follows: water heater missing, furnace looks old. paint all rooms, new flooring needed in most rooms, ( something i can do myself), recondition kitchen, replace entry doors. the house already has a newer roof and newer vinyl siding, virtually no work necessary on the outside. given my rehab skills, nothing will need to be contracted out, so i am able to save a tremendous amount of money on the rehab, which is why the following rehab number is so low. the numbers are as follows:

purchase price: $ 25,000

rehab costs:      $   5000

closing costs     $   3000

ARV $ 60,000 ( professional appraisal)

projected 

profit              $32,000

I have purchased several houses in this city and currently own 2 right in this neighborhood, in fact, one right on this same street. the code enforcement officer in this city and i are literally on a first name basis and he has never, ever set foot inside any of my rehab projects because, in his words, " i trust your work". i feel greatly confident in my knowledge of this neighborhood and its ability to sell quickly. i am looking for someone to be a HML for this project and would like to get some feedback as to your offers asap. thank you in advance