Monthly income, backed by first-position real estate loans.
42 INCOME FUND LLC • ARIZONA
42 Solutions makes short-term, first-position loans to fix-and-flippers and developers, with a focus on Arizona. The Fund lets accredited investors invest in a share of those same loans and receive the interest monthly.
10%
Targeted preferred return
For verified accredited investors only · Reg D Rule 506(c)
Monthly
Distributions (Targeted)
85+
Loans Funded by 42 Solutions
as of September 2026
$34M+
Lent to date
As of SEPTEMBER 2026
Lending figures shown reflect the activity of 42 Solutions, LLC, not the performance of 42 Income Fund LLC.
HOW IT WORKS
YOUR CAPITAL SITS IN THE SAME LOANS AS OURS.
The Fund buys a share of the loans 42 Solutions originates, by true sale, at the full note rate 42 Solutions earns on its own share. No markup or spread taken in between.
01
YOU INVEST
One class of interests, one set of terms — wired after you have read the documents.
02
The Fund invests
Capital goes into first-position loans on real property, primarily in Arizona.
03
You get paid
Borrowers pay interest monthly. That interest is distributed to you on or about the 15th.
WHY BORROWERS PAY ~12%
SPEED
Banks take 30–60 days. 42 Solutions can close in as little as 48 hours — which wins the borrower the deal.
STRUCTURE
Underwriting on the property and the operator, not a committee checklist.
REHAB CAPITAL
Banks rarely lend on distressed property. We fund the renovation in draws against verified work.
INVESTORS ARE PAID FIRST. WE'RE PAID
LAST.
HOW YOU'RE PAID
START
Interest income from the loans.
FIRST
To you — the targeted 10% preferred return
Accrues from the day your capital is accepted, daily and cumulative. Anything unpaid carries forward and is still paid before we earn a dollar.
THEN
To 42 Solutions — whatever is left
Our fee is subordinated, it comes out of what remains, may be zero in any period, and is never charged at all on proceeds recovered through foreclosure.
COMPOUND IT – DRIP
Reinvest your distributions instead of taking them in cash, and the target return compounds. Opt in or out on seven days' notice.
NOTHING OFF THE TOP
42 Capital Management LLC manages the Fund and charges it no management fee. 42 Solutions carries the Fund's operating expenses, tax preparation and K-1s, administration, accounting, securities filings, so they never reduce your distributions.
The preferred return is a targeted, priority return only. It is not guaranteed, and no return of capital is guaranteed.
First-Position Real Estate Loans
BORING ON PURPOSE.
70% ARV
Max loan amount
90%
Max amount of purchase
~12%
Loan rate
6-12 MO
LOAN TERM
(tYPICALLY)
ARIZONA
PRIMARY MARKET
These are targets, not obligations of the Fund. We can lend outside these parameters, in other markets, or in other real estate asset classes when the risk-adjusted opportunity warrants it.
01
FIRST POSITION
A first-position deed of trust on real property — the first claim in any payoff or foreclosure.
04
IN-HOUSE VALUATION
We validate after-repair values and rehab budgets against local comps we know first-hand.
SIX LAYERS OF PROTECTION.
None of this eliminates risk. It is how every loan gets underwritten before a dollar moves.
RISK MANAGEMENT
02
EQUITY CUSHION
Loan amounts targeted at 70% of after-repair value, leaving room between the loan and the collateral.
05
DRAWS, NOT LUMP SUMS
Rehab dollars are held back and released only against verified completed work.
03
TITLE & INSURANCE
Closed through a licensed title agency with a title policy and property coverage in place before funding.
06
ALIGNMENT
42 Solutions has its own capital at work in this loan book, and earns nothing from the Fund until your 10% target is met. Picking good deals and good borrowers is how we get paid too.
WHY I BUILT THIS
ALMOST NO ONE BUILDS AN INCOME ENGINE.
When you play in the NFL, everyone wants to show you a deal. I took those meetings for nine seasons and invested in plenty of them — more than fifty real estate syndications and private deals, alongside building my own rental portfolio one property at a time. I wasn't a passive listener. I was writing checks and learning what happened after.
Almost none of it offered income I could actually live on, arriving on a schedule I could actually plan around. The pitches were about what my money would be worth in seven years. My question was what it would pay me next month — because an NFL paycheck has an expiration date, and I knew mine was coming.
Private equity, venture, and syndications are real growth engines, and every portfolio should probably have some. But they lock capital up for five to ten years with little cash flow early. The stock market offers the opposite trade — daily liquidity and roughly 10% average annual returns over the long run, delivered with volatility that makes monthly planning nearly impossible. The growth side of a portfolio is crowded with options. The income side is strangely empty. So I built it.
I came to this through football, but the gap has nothing to do with sports. It is the same for the business owner between liquidity events, the executive with compensation tied up in equity, the professional who has earned well and has no time to manage it, and anyone approaching the year their portfolio has to start replacing their paycheck.
“This is not just my business. It is my own largest income investment, and investors are in the same loans I am in. I eat my own cooking, every month.”
DEVON KENNARD • FOUNDER, 42 SOLUTIONS
I am not suggesting anyone put all of their money here — and I would question anyone who told you to put all of your money anywhere. Growth assets and this fund do different jobs, and a real portfolio needs both. My goal is simpler: that investors see the value of dedicating a portion of their portfolio to an asset that actually pays them — monthly, from collateralized loans — and compounds quietly when they don't need the checks.
WHO RUNS IT
DEVON KENNARD
An Arizona native and the principal behind 42 Solutions, a licensed Arizona mortgage banker. I have been the borrower, the flipper, and the investor wiring my own money into other people’s deals. That experience shapes how we underwrite: every loan is reviewed in-house, in markets we know well enough to price the risk confidently.
$34M+
LENT TO DATE
as of September 2026
LOANS ORIGINATED
as of September 2026
85+
Licensed
AZ MORTGAGE BANKER
42 Solutions, LLC
Figures reflect 42 Solutions, LLC lending activity as of August 2026 and are updated periodically. They describe the lending business, not the performance of the Fund. Past performance is not indicative of future results.
THE QUESTIONS YOU SHOULD ASK.
REQUEST THE OVERVIEW
1
Get the full picture: structure, terms, and how the loans are underwritten.
GETTING STARTED
THREE STEPS TO BEGIN
2
A 30-minute call with Devon. Ask anything — including whether it's a fit.
TALK IT THROUGH
FUND AND START EARNING
3
Verify your information, sign the documents, and wire your funds. Your preferred return begins accruing the day your capital is accepted.
rEADY TO LEARN MORE?
READ IT, THEN LET'S TALK.
No obligation. Review the details and decide whether this belongs in your portfolio.
602-501-1174
LOOKING FOR FUNDING, NOT AN INVESTMENT?
If you are a fix-and-flipper or developer who needs capital for a deal, you want the lending side of 42 Solutions.