Originally posted by @Linval T.:
@Major Robertson
Welcome to the vibrant BP community. Your niche is not popular, but, apparently lucrative. I actually Googled "buy and sell websites" in an effort to educate myself on this tangential business.
However, my advice to you is that it's in your best interest to embellish your profile if you are looking to attract funding/lenders. I am sure you have some interesting highlights to share, that will make investors want to take a second look and contact you to offer partial or full funding.
My theory is that if you have a widget and can articulate its usefulness and value, then there will be a market to sell the widget if you can convince others to buy it.
Good luck, best wishes and continue to follow this uncommon niche that you are so passionate about to the extent of pursuing it full time!
Thank you for that warm welcome, and thanks for taking the time to look into the subject.
You are correct, there are numerous highlights I can mention like: I've never lost money on a buy, I've bought a $500 web property and sold it for $4,000 in the span of a month, and I've currently bought a property for $4,000 that I plan to sell for $10,000+ in the next few months. I also have a full business plan laying out everything.
However the issue is finding people to pitch to besides a bank. I have no doubt that if I could find an accredited investor or non-bank lender I'd be able to secure funding. I'd even be fine with a loan as I'm confidant I'd be able to pay it off quickly. I'd love to hear if you had any advice about finding potential partners.
Thank you, even if I have to slowly build it up from my personal income stream + revenue from flips I'll keep perusing it. I'd just like to expedite the process and share the wealth a bit. And I plan on building it to a full fledged corporation after this allows me to be financially independent.