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Rookie looking for advice. Have $50k cash to invest (n/w = $200k)

I am 35, have an MBA, live in NYC, and would like to (at a minimum) supplement my income by buying an established business (no multi-level marketing, no offering seed capital, no franchises) that doesn't have inventory and I can run from my apartment with my wife.

The long-term hope is grow this business where it would be a full-time job - but that would require at least $100k in net cash flow (or gain skills to buy 2-3 co's)

But my short-term questions are around financing. If I only have about $50k cash to invest in this venture, what kind of owner financing can I hope for? i.e. what should be the cap purchase price I should focusing on with only $50k to invest.

The other thing is every ad I've seen and every person I've talked to normally says that their company that brings in $80k in annual cash flow is run on "less than 10 hours a week". But what is the actual time commitment? It can't possibly be that low. Because if it were, why would someone sell $150/hr for 2-3

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We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

Kindly acknowledge receipt of email.

Thank you.

Yours Sincerely
Jesse Peterson
phone: (980) 239-7539
email: info@interventionmortgagefirm.com
web: http://www.interventionmortgagefirm.com/

Jun 10, 2017

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