No SBA Loan and $75k Out of Pocket

March 9
1h 24m

Episode Description

After Megan McGee pivoted her search fund to a self-funded approach, she bought a business where she wanted to settle.

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Topics in Megan’s interview:

  • Family background in pest control
  • Internship with previous guest Edward McDonnell
  • Starting out in traditional search
  • Investors declined to support a deal she loved
  • Pivoting to self-funded search
  • Deciding not to buy her dad’s business
  • Buying Virginia Guesthouses without an SBA loan
  • Buying from a young seller
  • Managing 75 properties
  • Her profitable first year

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Edited by Anton Rohozov
Produced by Pam Cameron

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