Income and Expense Statement - I typically include Projected income based on current occupancy and Actual expenses from the previous year with adjustments for any differences.

If there is no equity and they are in foreclosure, they may be short sale projects.

I guess I was trying to project how would I react to their ads if I needed to sell the house that is pretty.

Frankly, I drop projects in process to show units and get application fees in hand.

Run a poly trend line to project market momentum, here is an example

Does anyone know of any HML or private investors in or around Raleigh, NC that a Rehabber could present some sound projects for backing??

It's all possible, and passion for the project helps.

When he or she closes the deal you’ll receive a “finder’s fee†for the project, which puts cash in your pocket and gives you practical, real-world real estate investing experience. •Wholesaling – This is a step up from bird dogging.

I would have atleast an additional 15-20% available for the unknows that are bound to come up.4 In addition to all these costs I would have another 5-10% of the whole project available.

I am usually buying cash, sometimes paying cash for rehab then doing a refi once I get a renter for positive cashflow then move on to the next project.