+ Rehab Costs (Pro Forma style?)

Cost analysis (purchase price, firm rehab costs, after rehab value, pro forma including buy and hold, buy and flip, lease option, land contract, etc.)   

I own several C properties and the real numbers are of course not as good as the pro formas but still good enough.

Is the $84,000 based off actual numbers or is it based on rents and occupancy that the buyer believes is obtainable with a new owner (pro-forma rents)? 

For MA I'd use Warren group, or foreclosuresabc.comIf you are looking for the actual auctions so you can purchase at the foreclosure auction, I'd subscribe to each auctioneer website. 

I would like to put this property under contract for a possible wholesale.Here are the numbers,Asking price:135KRepairs needed:60kAvg. rent per unit:300 as of today, suspect this could go up somePro Forma according to seller:Gross Income (21 Units@$7512/mo) $90,144Less Vacancy and credit loss 10% $9014Effective Gross Income: $81,130Less Expenses Taxes $5709 Insurance $7557 Maintenance (yard included) $5320 Total Expense: $18,586 (23%) Net Income: $62,544

I learned how the wholesale process worked when I bought my rental form a wholesaler.

There are LOTS of reasons to form a business entity, and I'm guessing that for most business owners, helping protect unethical behavior is not the reason they create their entity.Seriously, a little knowledge in this area might help you out a lot.

I already knew a lot of the information but it helped me to get it organized in my mind so that I could form a better marketing campaign.

I'm putting together a pro forma for a large commercial retail development.