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!
