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Updated over 7 years ago,
Investing in the Hood of Memphis,TN/ Low-Income Area Investing
I don't usually ask for help but someone help me out,please! I want to invest in real estate full-time. The properties I want to invest in are in Memphis,TN. I own the land in Memphis and want to construct single family rental homes on them. There are 5 lots in total 3 surrounding each other. The area is in the 'hood'. So I am trying to secure financing for this construction project. What do I need to do? What do I need to have? Who do I need to call? Are there investors who invest in low income areas in Memphis? Or any low income neighborhoods in any city for that matter? Please help me! I don't want to sound like I'm complaining but I feel like I am hitting a wall and I just want more insight other than my own.
-Keisha