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Updated over 12 years ago on . Most recent reply

Newbie that would like to utilize current business in RE
Ive been doing work for rehabbers for the past 10 years. Ive finally decided that i would like to get into the industry myself. I own a Granite and tile company here in michigan. I would like to utilize my own company and my industry connections to be successful in the RE industry. I live in a area of houses that are on canals, lakes and rivers. I just stumbled upon a nice Hud home on a local river and the asking price is $37000. Honestly my question is how do I even start? I would like to use borrowed money. Even if i was unable to sell the house (I dont believe I would have a problem doing so) i would buy it myself.