I have some capital but require no documentation loans to place under my business.

Ch. 13 is only possible for debtors with enough documentable income to support a payment plan.  

However, I am in NJ :).Assuming even a 15% increase in expenses, you still come in under $2000 per month.If I were you, I'd be running this by the accountant immediately and submitting a cash offer.

Hey everybody,Lets talk submitting REO and Bank Owned offers - not short sale.Now, I know of the usual question: "What % will get accepted?"

A good site to use if you want to do your own is redfin.com When you run a search, filter the criteria and on the right side of the page it will list all the properties that match that, at the bottom of that list is an option to "download all" and you can export the file to a excel document and run a comp analysis

There are even entire Excel workbooks posted in the FilePlace, which have been submitted by BP experts like J Scott and others.  

@Kelly AllenWhen you first start real estate investing it is confusingWhen I first started I had a teacherThis teacher was a business ownerMy job once I was trained was to talk to Home sellers about cash or terms offersI used a simple document called a letter of intent to lease or purchaseYou can't make any money wholesaling unless you get it cheap enough so that's the "cash" partThe formula is 65% times after repair value minus expenses for repairsHaving a few cash buyers already is very helpful.

., but it took almost 2 years to get them out because they had they faked document.  

If a seller submits an offer that requires an owner carry, you can always counter at a higher than list price.

Just submitted my first written offer for a non traditional owner finance purchase.