Have the funds placed into a bsuiness account, LLC, etc and use that bank statement as your POF.Option 3: Don't do these deals until you have funds to show a POF.Banks are determined to see these nowadays on MLS REO properties.

I used them and my equity, which was not much at first, and took two fully years but is now valued at 125k.Persistance and determination always pays off.

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These percents are basic guidelines for determining values.

They both need work, estimates not determined but I'd put it on the high end.

Add to that the documents that must be a part of any closing package and a full understanding of what those documents must contain, when the borrower must get them, as well as those things a lender is required to check before making a loan.Lending on real estate or a manufactured home that you did not actually live in before you sold and financed it has become very complicated, and the new federal agency, The Consumer Financial Protection Bureau intends to enforce both state and federal laws through a new joint agreement being signed with all the state attorney generals, and several other federal agencies.As much as I dislike writing this because I know people won't like it, the reality is the internet is not the place to get information on lending law.

I am trying to locate a good form or spreadsheet or strategy to determine a properties potential return.

Single story Exterior construction: Vinyl Siding Approximate lot is 30x106 Approximately 0.07 acre(s) Lot size is less than 1/2 acre ----how do you determine its Full market value.

I'm sure that's not your neighborhood, but it still affects the whole area.If you're determined, find out what other similar REOs are selling for.

So, What are some of the ways that you guys use in this Determination, When COMPS aren't readily available from one of these sites?