I am interested in learning more about the path outlined in BuyThenBuild (book) which is a little different than the traditional search fund model. Particularly:
- Using a broker
- Getting an SBA Loan. (90% purchase price - is this actually possible?)
Questions:
- Does running a search exclusively using intermediaries (broker, lawyer, accountant, banker, etc.) for deal flow make sense?
- How do the economics work given it's (likely) a smaller business than a search fund target business?
- Does anyone heavily prefer this route over the search fund route? If so, why?
Cheers,
David
davidlobo.me
Does anyone have experience doing a 'fund-less/self-funded' search?
by a searcher from University of Pennsylvania - The Wharton School
More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
https://jimsteinsharpe.com/