mockumentry/pov/found footage horror filmmakers

[mbay2008]

I'm a film student looking do a mockumentry/pov/found footage horror film as a side project. I don't have much experience. Yes I know this sub genre has been done way to much but I like it. What type of camera could I use without breaking the bank? I want the Blair witch feel to the film. I have a great subject that would make a great documentary by it's itself but I want to turn it into a horror film. I loved the Blair Witch Project and to try create something with little to no money. I have Adobe CS 6 master collection with all the editing programs plus others. I even have a great idea for a production company. Any advice or input would be greatly appreciated.