Quote:
Originally Posted by Dollarmansteve
I could 'potentially' make $500,000 a year - but when i go to the bank and ask for a loan, they only look at what I actually make.
Any legitimate offer could only be based on actual financials - I would suggest they get revenues up to $100k a month and then look for a buyer, they will get alot more.
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Exactly.
You wouldn't buy real estate based off of what the current owner "thinks" the property can generate in rental income, you base the price off of what it's actually making in rental income.
You can't put potential in the bank, and you don't pay for potential. If someone wants potential they can register their own domain and start from scratch.