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69, Welcome to this web site. Renovation start-up help.
Before I put a check in the mail, I would like to see your FINISHED Business Plan.
Where are you located?? LUCKIEST
I am in Marietta, Georgia. I only have a rough draft for investors, not for loans. What I am looking for is enough to secure a 15-30yr fixed mortgage, renovate and resell the house. I am also looking to use the money for capital expenditures like, replacement tools, blades, larger trailor and a small salary for myself while I am getting started. I tried to get a hard money loan but the interest is so dang high. I have a very good...no great credit score. If you are in the Atlanta area lets get together and discuss this sometime.
Your Benefits to Investing in
ASK ASK ASK!
Talk to everyone you know. Offer them a 10%-12% return on thier money.
If you must,give them a mortgage on the property. Don't give away too big a share of the profits while you do ALL the work.
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I am wanting to start a business purchasing, rennovating and selling homes. The market is great for buyers now and with the renovations I will do it will sell fast. I have no capital to start with, I can not afford another house note, are there any startup loans for the money I am needing to get this off the ground? (at least 300k) I have been working on a busness plan and almost have it complete.