Partners Wanted.

[Robert Breen]

I am seeking potential partners interested in investing in the West Michigan area.  In nutshell I am interested in buying homes and offering them on a lease option to help those who aren't quite there on financing with traditional lenders.  I am a Realtor in the area and am not aware of anyone around here doing this on a large scale. There are two ways we would make our money.  One would be working with local Realtors and lenders to  help them with clients that want buy and can't qualify for traditional lending at this time but are working with a time frame and game plan they should be able to qualify with.  The other is to purchase homes outright and offer them for resale with lease option as a possibility.  (Currently know of home on the market that could be purchased for $38,500. Market value is 50-55k. It is bank owned and in area where more creative financing is needed.)  With the lease options we are in the rental business not the loan business.  

    I would appreciate both thoughts on the idea and contact from interested parties.