I'd say the best source of decent weapons is Drauger tombs. The regular draugr weapons are ok and dirt cheap (so not so good for gold accumulation) but they work very well. Occasionally, you'll find a "honed" version of the weapon, and that is the one to grab. it makes a great weapon to start off.
Another possiblity is to start the Companions quest. One of the first fetch quests is taking one of the Companion's longswords to the forge for improvement. Keep that for a while. It's free and skyforged steel is a great material, especially early.
If you go a little further in the Companions quest, you'll be somewhere with Farkas and he drops his skyforged greatsword. When you see him again, he has it yet the dropped one is still there. Pick it up and you have a great two-handed sword.
Along that same path, if you complete the companions quest, you can (possibly depending on your smithing) forge hero nord weapons from Drauger weapons, and those are almost up to Ebony and Daedric.
Lastly, doing the Thane quest for a hold (Whiterun is the easiest and it's early on the main quest line) gets you the Blade of Whiterun (though what this actually is varies wildly. But it can be a good starting weapon.
More ideas?
