Advice needed on funding.

[Account Closed]

Hello, I am trying to break into the real estate rental business however funding is my road block right now. I have a plan to buy cheaper housing around Cleveland, OH and doing modest rehabs. I want to provide affordable housing to my fellow lower class and middle class Clevelanders.

I will be doing the rehabs myself with the help of my friends and family, so I save on labor costs right there. I plan on buying budget materials and doing quality work myself. I have fair credit, a sizable down payment, but I do not have verifiable income; I am earning money myself through various odd jobs and helping friends/family.

I need to find funding, but have no clue where to go because a bank won't approve me without verifiable income. I am kind of stuck right now and feel like I am treading water. I really want to go forward with this, but don't know how. Any advice would be great.

Thanks

[Jay Hinrichs]

@Account Closed 

  find a cash partner these are small dollars.. put an add in craigs list... simply :

I find it do all the work split profit 50/50.. you will find a local person that will take a flyer on you.. If you present well and can show some examples of your work. 

Get experience and track record then you can go HML route.. Most HML will want you to have skin in the game to start out with get track record with them and they will fund 100% after time.