Vet just starting out

[Donald Dunbar]

Hello all, I am just starting in my realty/investing journey. I have a decent credit score median is over 650. As far as money saved up to throw at my first home, that is little to none. I have gone to the SBA website and looked at their guide to starting a business and i'm in the works of getting my BP together now. In the the work will more than likely be done by myself and one of two hopeful partners (discussing the idea with them in the next two days). I have done a lot of research the last week about how to go about this new business. I originally planned on purchasing, renovating and reselling the home with renovations. I have also thought about having an addition business in conjunction with that where I just do the additions "ala cart" for a set price. I have done some research and from a couple different websites found what I feel are going to be my "go to" renovations when I get a house to improve the value of the home.. I have also done the research to find out what NOT to do but people do anyway. I have started to hear about BRRR and i'm VERY interested in that. I have read about the 70% rule and how to make money off of this. Any input in greatly appriciated and will be useful. At this point in my process I feel like its important to get my BP finished so I can present it to any lenders. I have done SOME research as far as funding to get started. The options the SBA talked about was bootstrapping, which again I can't do atm, investors, which from my understanding want equity, crowdfunding, which is the direction I was going to start out at, and a traditional small business loan. If there are other options I haven't run across those yet and would love some knowledge. Looking forward to any comments and communication. Thank you

Donald