I found (& baked) the most amazing (& probably the most fattening!) red velvet cupcake recipe! Boxed red velvet cake mix can't even compare! =)
Paula Deen’s Red Velvet Cupcakes
2 1/2 cups all-purpose flour
1 1/2 cups sugar
1 teaspoon baking soda
1 teaspoon salt
1 teaspoon cocoa powder
1 1/2 cups vegetable oil (I used light tasting (NOT virgin!) olive oil)
1 cup buttermilk, room temperature **see below**
2 large eggs, room temperature
2 tablespoons red food coloring
1 teaspoon white distilled vinegar
1 teaspoon vanilla extract (imitation works fine)
(**If you don't have buttermilk: pour 1 Tb. lemon juice into 1 c. measuring cup, then pour milk to the top and let set til it reaches room temp. I did it this way and the cupcakes turned out just fine!)
Preheat the oven to 350 degrees F. Line 2 (12-cup) muffin pans with cupcake papers. In a medium mixing bowl, sift together the flour, sugar, baking soda, salt, and cocoa powder. In a large bowl gently beat together the oil, buttermilk, eggs, food coloring, vinegar, and vanilla with a handheld electric mixer. Add the sifted dry ingredients to the wet and mix until smooth and thoroughly combined.
Divide the batter evenly among the cupcake tins about 2/3 filled. Bake in oven for about 20 to 22 minutes, turning the pans once, half way through. Test the cupcakes with a toothpick for doneness. Remove from oven and cool completely before frosting.
Cream Cheese Frosting (This make a lot of frosting! If you don't go crazy with it, I think it would frost twice as many cupcakes!)
1 pound cream cheese, softened (I used the 1/3 less fat and it worked fine.)
2 sticks butter, softened (I don't know if you can use margarine or not. I used real butter...1 stick unsalted and 1 stick salted.)
1 teaspoon vanilla extract (again, imitation worked fine)
4 cups sifted confectioners' sugar (I don't have a sifter so I just placed it in a bowl and stirred it around with a fork before adding it to the rest of the ingredients.)
Chopped pecans, fresh raspberries, strawberries, or sprinkles for garnish
In a large mixing bowl, beat the cream cheese, butter and vanilla together until smooth. Add the sugar and on low speed, beat until incorporated. Increase the speed to high and mix until very light and fluffy.
Garnish with chopped pecans, fresh raspberries, strawberries, or sprinkles.