150k profit in 8 months is great! If you can get financing with friends and family, do that. Create an IOU and agree on repayment terms. If instead you’re thinking of trading equity, you have to be careful about what % you’re giving up and realizing you have a partnership now. Third option, with those profits is to modernize over time as you can afford it.
150k profit in 8 months is great! If you can get financing with friends and family, do that. Create an IOU and agree on repayment terms. If instead you’re thinking of trading equity, you have to be careful about what % you’re giving up and realizing you have a partnership now. Third option, with those profits is to modernize over time as you can afford it.