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Updated about 9 years ago on . Most recent reply

User Stats

93
Posts
12
Votes
Danielle Hammond
  • Marquette, MI
12
Votes |
93
Posts

Newbie!! From beautiful Upper Michigan. Seeking advice and Investors.

Danielle Hammond
  • Marquette, MI
Posted

Hey guys!!! Got my pic to upload!!! :) Alright here's my scoop. I am from Upper Michigan. NO NOT DETROIT area, the Upper Peninsula, the far North. My goal is to start a business in realty. I want to start out in my small town, buying rentals. I have found a 3 story triplex that is just priced to sell, this past week they lowered the price by $9,900. It is currently unlivable because of the boiler and heating system. This would be my perfect starting point (I hope). If I could find the funds, I could have it ready to rent out within a month or two. My family members cover every aspect of renovating houses, therefor my repair costs are VERY LOW. I have joined this site for ADVICE, and the hopes of finding someone who wouldn't mind starting out as a low cost investor- moving up within the next 5 years. Currently I am only seeking $50,000. Once the ball is rolling I want to move toward the city (30 miles north), buying, renovating and flipping beautiful Victorian homes near Lake Superior for a greater profit. I would love to find an investor that will want to stick with me through it all, building a strong trust and loyalty. My fiance and I make good money, and work hard, our problem is our credit. We both have medical bills in collections and the banks wont even hear out my business plan. I have spent sooo much in savings to pay down my bills in an attempt to build my credit with no luck that I feel like I'm stuck in a dark money sucking hole! I would like to hear any advice. Where do I look? Does this sound like a legit plan? Is the money out there? What do I need to know about working with investors? HELP me Please :) 

P.S. I am so excited I found this site!!! Love reading the forums!

Most Popular Reply

User Stats

4
Posts
2
Votes
John Adams
  • Investor
  • Atlanta, GA
2
Votes |
4
Posts
John Adams
  • Investor
  • Atlanta, GA
Replied

@Danielle Welcome to BP their are a lot of great investors out here that are very knowledgable about this industry. Reach out to everyone and take a small piece from each investor and develop it into yournown identity and you will be a great investor. Please contact if you are ever interested in doing any apartment deals. Best of luck and welcome again.

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