The expenses the buyer will have can be wildly different than the sellers.I see sellers sometimes claim 35% opex in pro-forma.

Include tax returns and statements for any accounts you list as assets.If this is your only property then your basically showing your personal net worth and salary/income.For the specific property prepare a pro-forma income statement showing proposed new debt service for the property.Once you have the package ready just start calling small banks and credit unions in your local area and asking to speak to a commercial lender.

The two main pieces I am missing are the most crucial (deals and financing).I currently can comp/pro forma out deals I find on Zillow, and sometimes the MLS when I have access, but my main worry is financing. 

In my opinion, the best way to learn how it all ties together is to create your own pro-forma's instead of using somebody elses. 

It's a multifamily property.The deal looks like this (pro forma numbers):Asking price - 55kReno - 80kARV:180kRent per unit (comps in area): 1475-1750

It comes down to two things, providing/finding value (buying below market, rehab, etc), and looking at pro forma returns vs. actual NOI. 

If it's managed by an individual, what is the best place to get that information rather than the pro forma?

Hi all,I am looking to form a partnership in the acquisition of MF properties .

BP community - pleas share with me your pro forma and/or how you analyze a deal.I love the BiggerPockets calculations, don't get me wrong.

I was prepared to offer them $400,000 based on pro forma figures that I had run, but there was no need to throw out a number that was that far off from theirs.So we parted ways amicably.