Taking a loan to buy a website

Debt is double edged sword if income is not flowing from it can move in the opposite direction which is against you if you don't have back up money

Ask yourself this; why in the world would anyone sell their website if it was making them consistent monthly cash?

I would honestly only do this if I was focusing on paid traffic - that too, only after I have my numbers

With Google, its mostly just a gamble - can't tell when they gonna come with the next best update.

too many factor to say it's smart or not.
it's same like taking loan for real business.
how sure you are to return the money?
how big is the loan interest etc. list goes on.

@ElliotG - i guess everyone wants to know about your decision! so what is it?

Taking loan and doing business is always risky. How can we consider only one aspect of profit. Suppose we start website using loan money and fall in debt.

For me, it's a dumb idea to take a loan for anything related to internet marketing.

I m planning to work on your idea. I have some doubts. Can we trust website on Flippa, are they trustworthy means worth investment . Which ads/affiliate company would you recommend. Best alternative to Gadsense.

Buy your own site and do what are you interested in, it's good for you.

ElliotG said:

Is it crazy to take out a loan to buy a website?

For example, take a 8k loan, buy a niche blog website on flippa or a really good expired domain (up to 5k), invest in content (up to 1k) and the rest in link building.

Grow the website and then monetize it with ads/affiliate or just sell it with profits.

I have only worked with client websites up until now, maybe I am wrong. People with more skin in the game, please correct me if this is a dumb idea.

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interesting..

I feel it is too risky.. Think twice before you do anything..

ElliotG said:

Is it crazy to take out a loan to buy a website?

For example, take a 8k loan, buy a niche blog website on flippa or a really good expired domain (up to 5k), invest in content (up to 1k) and the rest in link building.

Grow the website and then monetize it with ads/affiliate or just sell it with profits.

I have only worked with client websites up until now, maybe I am wrong. People with more skin in the game, please correct me if this is a dumb idea.

Click to expand...

I never borrowed money for anything, you should never do it. I'd borrow koney only if I'm sick and don't have my own to pay for cure

It's not all that crazy!

Your example of taking out an $8000 loan to buy a niche blog site on Flippa would not be foolish if the site actually makes money.

Here's the problem.

On Flippa, you really can't be sure what you will get.

There have been cases of people snapping up websites for several thousand dollars only for the domain to expire.

I'm not talking about the domain expiring, and then somebody else snapping it up.

I'm talking about the domain expiring and still being available for purchase.

What does that tell you?

Basically, the site wasn't making much money in the first place.

While Flippa has definitely leveled up their game regarding verifying income claims and history, their system is by no means bulletproof.

I'm not trying to scare you away from using Flippa, but you definitely need to use your brain.

A lot of this stuff that's for sale there can easily be reverse-engineered.

In fact, if you are in any way, shape, or form familiar with online publishing and truly know how to deliver on the expectations of people searching for your target keywords, you probably don't need to buy a website off Flippa.

At the very best, such websites assuming that they are legit in the first place can only give you a headstart.

But if you have a process of reverse-engineering successful sites and building them monthly or even weekly, you probably don't need to go the Flippa route.

ElliotG said:

Is it crazy to take out a loan to buy a website?

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In short, yes. You should always only invest what you can afford to lose.