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Updated almost 9 years ago,
Have customers, need strategy for procuring houses
We live in east Texas (Carthage) and our area ranges far and wide since we're so rural. They say the best way to start a business is to find a need and fill it. Well, the need we're finding around here is a lot of people needing to either rent or buy a house with only a little money, or poor credit. We're fairly new to this, so we're not sure how to solve this particular problem. I feel like we need to help educate them on repairing their credit, but we'd also like to procure houses for them. We're just not sure of the best strategy for doing that. Do we buy a house and owner finance to them? Do we use lease options? We're talking small towns and rural areas, so the things that work in bigger cities won't necessarily fit here.
Does anybody have any experience in small towns and rural areas?