I know on paper it looks great but it is not worth it.

I thought it could be helpful from a lender perspective, but a one page paper showing my goals and how I plan to achieve them should suffice.

As a wholesaler if you want to build your reputation, simply tell the seller you are going to assign the property to one of your buyers and let them know yes you will make a profit from the buyers side but let them remember your helping with whatever situation they are going through I guarantee when the seller see's that your honest they will not hesitate signing those papers.

its only on paper.. so hopefully with that high of leverage after reserves etc.. you have some extra cash each month and you can for instance attack taht 139k and get it paid off.. if its a heloc.. then U use that Heloc to pay cash and refi..  

There are packagers who will sell something that looks good on paper yet no local investor would even take a look.

Typically, this is done by taking the cardboard tube from a roll of toilet paper or paper towels (or an empty water bottle with the bottom cut out) and shoving a bunch of crumpled dryer sheets inside.

Remember that late 80s/early 90s song?  I'm guessing the Barenaked Ladies meant "tax free" million.  So, if you pay for an entitlement phase of a development (apartments, townhouses, single-family homes) and then you ...

Back of scrap paper analysis 1% rule.

My best thought at the moment is to get a paper map of these towns and highlight streets as I drive them to make sure I drive every street.

In addition to the very simple routine, read the local paper of the area.