I knew a guy that bought a $1.3M appointment-booking site on Empire Flippers using an SBA loan via a broker.
- Paid himself $150K
- Added upsells: text reminders & priority booking
- Hired 3 freelancers to upgrade
- Grew revenue & increased the multiple
- Sold it 3 years later for $14.7M
He never used his own money. 💯