Forming A Business To Purchase A Rehab Home
I have purchased a single family home in MA for a very low price and was able to pay cash (so i own it outright). I figure this is a perfect opportunity to rehab and flip this property through a corporate entity and use the equity in the home to help the corporation earn credit via a home equity loan.
I plan to deed this property over to the corporation very soon and very shorty after apply for a loan. My probem is I have never done a business plan before.
Has anyone completed such a feat recently? Are there any sample business plans online, etc, that anyone would recommend?
Any other advice wouldbe greatly appreciated.
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