Banquet hall investment

[Matt Rosenthal]

Hello BP,

I'm still new to the site and very new to real estate investing, but I have an idea that I'd like to get some feedback on.  Over the past few years my wife and I have been kicking around the idea of starting a reception hall venue near our home in central Wisconsin.  My wife is an event coordinator and for years we both  have noticed a need for a new venue in the area.  We do not know if buying or building is a better option and we would most likely need an investor as we only have around 35k to put towards it.  I know there are a lot of variables in this scenario, but I was wondering if anyone had some experience on the business side or advice on purchasing or building a commercial property like this.  Any input would be appreciated, thanks.