You can receive a large one-time sum, or you can establish a line of credit to draw from.Once you’ve figured out where the remodel budget will come from and how much you have to spend, set aside 15 to 20 percent of those funds for those expensive surprises that almost always come up during a renovation.

It may sound like a waste of money but while active duty you will be a dabbler and traveling, you’ll lose substantial money by not establishing a team.

I was told my credit score would be excellent to start getting loans to get I to what it is I want to do.I’ve heard many things about Detroit and how people are scared to invest in a city with high crime and all of this stuff, but for some reason I see a huge potential provided that due diligence is used when finding homes on certain streets and certain neighborhoods.My real issue is that I want to try and establish a network where I can purchase homes in bulk, fix them up, and start renting out to tenants but I’m having a hard time formulating this network when I live so far away from Detroit.

I was told my credit score would be excellent to start getting loans to get I to what it is I want to do.I’ve heard many things about Detroit and how people are scared to invest in a city with high crime and all of this stuff, but for some reason I see a huge potential provided that due diligence is used when finding homes on certain streets and certain neighborhoods.My real issue is that I want to try and establish a network where I can purchase homes in bulk, fix them up, and start renting out to tenants but I’m having a hard time formulating this network when I live so far away from Detroit.

Now they're settling down and starting families, have careers locking in, established roots in the community, etc. 

@Mariyah Trammell, I will add to what others have said that one of the first things you will have to do is establish credibility. 

Having a track record for apartments is more important when raising funds for a future investment in apartment I agree with John.You need to establish a track record first.MF investing is a different animal than SF investing.Another way to "short cut" the track record is to "borrow" the track record by partnering with an experienced apartment operator. 

Your first pitches won't have much to go off of except establishing your personal credibility/RE knowledge, your hustle and knowledge, sprinkled with a little confidence, will go a long way.

Any left over amount Uncle Sam and your state governor will help you by investing a portion in pothole repair lunch breaks, subsidizing the care of dogs owned by the homeless and conducting study to establish if a study is needed to study the effect late night/early morning traffic has on marsupial wildlife living near the freeway.

Account Closed To add to what some of the other great syndication philosophers of BP have said, you may have a lot going for you even if you have never done a single syndication deal.If you have had success in another area of business, or other real estate assets,that can be used to establish credibility.