The Jackson Hole Opportunity

The Income Fund, LLC

 

With banks paying record low rates on money market funds and Certificates of Deposits, The IncomeFund, LLC has been formed to offer sophisticated investors a high yield that is paid on a monthly basis.

 

The Fund’s initial focus will be to purchase loans from the Federal Deposit Insurance Corporation (FDIC) which were initiated by First Bank of the Tetons (FBOT) located in Jackson Hole, Wyoming. On April 24th, 2009 the U.S. Treasury Office of Thrift Supervision closed First Bank of Idaho, the parent company of First Bank of the Tetons. Approximately 4,000 loans issued by First Bank of Idaho are now held by the FDIC.

 

The Fund Manager has begun negotiations with the FDIC to purchase mortgages that are secured by real estate located in Jackson Hole, Wyoming and Teton Valley, Idaho. Individual mortgages can be purchased at discounts of approximately 35%, while bulk mortgages can be obtained for larger discounts. The Fund plans to participate in the FDIC auction of mortgages.

 

Investors in The Income Fund, LLC receive:

 

• 8% annual yield paid monthly

• Profits from the pay-off on mortgages purchased

    at a discount

• Direct deposits of income and profit distributions

• Shares eligible for IRA-401k accounts

 

As an experienced developer in the Jackson Hole, WY and Teton Valley ID markets the Fund Manager believes they can identify, purchase and manage mortgages more efficiently than mortgage buyers from outside the local market area.

 

Teton Land and Development Group, LLC has spent many years developing properties and securing large portions of land to capitalize on the limited supply of land in the Jackson Hole area and maximize future opportunities. The Company is engaged in the following activities:

 

• Site Selection, Due Diligence + Land Acquisition

• Value Added Services including

• Land Planning

• Engineering Design

• Entitlements; and

• Infrastructure Development of Land

• Sale of Individual Lots or Bulk Lots

• Construction and Sale of Single-Family Homes / Town Homes / Row Homes and Multi-Family

 

The Income Fund will invest in mortgages secured by properties such as:

 

1. Trail Creek Partners, LLC acquired 44 development lots in a 48 unit Planned Unit Development known as Trail Creek Springs located in Victor, Idaho. Mortgages are secured by completed town homes ten improved lots.

2. CSM Partners, LLC built a total of 39 town homes and 1 single family home on 5-acres in Driggs, Idaho called Rendezvous Townhomes.

3. Fiddle Leaf, LLC owns two completed single family homes and a 4.83-acre developed lot in the Cherry Grove subdivision in Driggs, Idaho.

 

The Deal

 

• Min. Investment Amount ($25,000)

• Retirement account eligible (click here for more information)

• Max. Aggregate Amount of The Income Fund, LLC ($5,000,000)

 

The Manager

 

The Manager of the LLC is an experienced and well respected investor and developer in the Jackson Hole area for nearly 27 years. He has been a resident in the Teton Valley since 1995.

 

Information for Prospective Investors:

 

The purpose of this document is to provide general information relative to potential investment in The Income Fund, LLC. Offers will only be made to qualified Investors. This document has been provided to you for information and illustrative purposes only.

 

Follow this link to provide us with your contact information, and to receive more complete details.

Or call 603-791-4519

To download a .pdf copy of this, click here

 

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