All Forum Posts by: Steve S.

We are acquiring an incredible 32,000SF historic building in Kentucky which is on 3 acres of land. The assessed value is $400,000 per the city records. We are looking for an investor/lender to provide a $250,000 1st trust deed position loan which we're willing to pay up to 15% on this loan. The money will be used for acquisition, beginning of rehabilitation, upkeep, securing the property, and completing the plans and permitting process. This is a no brainer... contact me and let's put your money to work with a fantastic ROI.

Exit Strategy is construction financing loan once permits are approved. All of this should be wrapped up in less than 6 months. Great short term ROI. Let's talk.

Good points, Tony. I'll try to explain.

1) Yes, once the investment reaches the end of the cycle in 2026 you would get a 10%-15% reduction in your capital gains. That is free money. If you owe $100k in capital gains right now then you owe $100k in capital gains. Simple as that. Why pay it to the IRS right now when you don't have to? What's the point? if you invest in a QOZF then in 2026 you only owe $85k... sound good to me right? Saving 15% sounds like a good idea any way you slice it. 

2) Now... if you hold that money in the fund and you make 5% a year off that money then in 10 years you now have $50k 100% capital gains tax free. So... that is a 65% swing in your favor and you get ti invest that money versus just burn it with the IRS.

3) I get the trust thing but not really I mean... of course you want to trust them with but this is money due to the IRS, it's not yours anyway. So all you're doing is investing it instead of donating it to the IRS. 

Of course trust the people you work with, but this is an all around good thing to explore.

Ava, I might have some options for you

yeah I have a great true private lender... if you have money to put down I can make it happen for you. Let's talk. DM me

you guys won't do multifamily?

Darryl, I have a simple no-nonsense private funder that works with me. They do SFR financing. DM me

Darryl, I have a simple no-nonsense private funder that works with me. They do SFR financing. DM me

Hey friends. I have a currently performing 50-unit multifamily complex available to me and I'm looking for a money partner or two to fund it. The idea would be to have a JV partnership. It's a solid cash flow deal that's located in a tertiary market in KY. I have a few other projects in the area which are going to increase the value and desirability of the market in the next few years with bringing jobs etc...

Purchase Price:     $1,150,000

Gross Income:       $25,000 / month

EBTIDA:                 ~$12,000 / month

CAP RATE: ~12%

Seller Carry back:     $150k in 2nd lien position at 4% negotiated already for 5 years

There are some upgrades we can do which will reduce the monthly costs by about $3k - $4k per month and will increase the overall value of the property by about $400,000 for a $250,000 cost. Those savings will grow over time. 

I found the deal and am glad to be the asset manager for it to make sure that it performs.  I'm in need of money partner(s) to get it closed.  Please reach out if this piques your interest and you want to discuss it further.

There are also ways to include it within the opportunity fund as well and or if someone has the full amount to bring for the deal we can securitize the JV money brought in with the 1st trust deed position. It's a safe secure deal. Let's talk.

You wouldn't need to defend yourself in tax court. This is all legitimately done through IRS code. If you go to tax court it wouldn't be because you invested into a perfectly legal qualified opportunity zone fund.

Honestly, the right Qualified Opportunity Zone Fund can be the ticket for you. I suggest doing that.