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Reply to "Ideas to scale up from a single vacation rental bringing over $26,000/month"
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[quote=Anonymous][quote=Anonymous] I don't see anyone giving you $4mm at this point for 49% of the business which is a few months old and you had equity of 0.5mm in it.Super high income needs to be "stabilized" e.g. last for a few years for anyone to believe in it. Appraisal of you "structure" based solely on income stream won't be likely, particular if they know anyone can build just the same fir 0.5 mm they won't give you $4mm for your project. You need to finance yourself and grow slowly. Or steal from US government or something similar to get broader initial capital base[/quote] thanks, you're probably right...[/quote]
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