Looking for some advice—I'm preparing to acquire a business and considering how much capital to invest in sourcing off-market deals. I have run a size-able lead generation business in the past so I have several strategies I know I can use to source these deals. I am however concerned that this may leave me in a position where I do not have enough liquidity to actually close on a deal that I find.

Should I go all-in on finding the right deal first, even if it means using a significant portion of my capital, or should I prioritize lining up investors now to understand their criteria and deal structures before committing too much? I am doing this full time and want to give myself the best chance of acquiring something by the end of the year (preferably within 6 months).

Would love to hear from those who’ve been through this—what’s the smarter approach?


***Adding to this - If you had $150k to put to work solely to find a deal. Where would you place it?