it is great to be here and this community should do well if we push ourselves daily .... Thanks for welcoming me

I just went under contract on a 1.6M business with an additional 1.1M in real estate. For the business I'm doing an SBA7a with a 5% seller carry note on full-stand by to help with the 10% liquidity injection. I am doing more conventional financing on the real estate but trying to get it with no money down. Since I negotiated hard on the real estate and not the business, I'm getting the real estate at a really low basis. Based on market rent and a 7% cap rate, it would easily appraise at 1.8M or more. My hope is that will allow me to bring in a capital partner on the real estate who I should be able to refinance out in 12-24 months. This will hopefully allow me to get into this amazing 2.7M acquisition with less than 100K down. What do you guys think? Is this a good structure?

For those who are new here, I want to take a moment to introduce myself and explain what this club is all about. My name is Rueben Johnson, and I’m the founder of BAC. I’ve spent over a decade working in manufacturing and machining, currently serving as a lead machinist at a multi Inc.5000 medical device manufacturing company. Over the years I’ve developed a strong interest in business ownership, acquisitions, and building real-world assets that produce cash flow. Like many people here, I didn’t start with a big fund, investors, or a roadmap. Most of what I’ve learned has come from studying deals, talking to business owners, experimenting with small ventures, and constantly trying to understand how businesses are bought, sold, and operated. I created the Business Acquisition Club for one main reason: To build a place where people who are serious about buying businesses can learn, share ideas, and improve together. There are plenty of places online that talk about entrepreneurship in theory. My goal with BAC is different. I want this to be a community where we focus on the practical side of acquisitions, including: • Identifying strong businesses to buy • Understanding financials and valuations • Learning how deals are structured • Finding opportunities and sourcing deals • Sharing strategies that actually work in the real world The classroom will provide structured lessons so members can build a solid foundation. The community side of BAC is where we discuss deals, ask questions, and help each other get better at the process. This is a club of people learning the craft of business acquisition, and everyone here is at a different stage of the journey. --- Now I’d like to hear from you. If you’re new here, please introduce yourself and share a little about your goals: • Your name • Where you’re located • Your background or industry • What types of businesses interest you • Your long-term goals with acquisitions Looking forward to getting to know everyone and seeing what we can build together.

I honestly think I might be done with skool. It wont let me log into the computer so I am stuck using it on my phone because it says my email doesn't exist on the platform anymore. I have been fighting this all week trying to get the Cheat sheets and calculators over. This is hard to achieve on a mobile device. If I get any better at the phone I might ditch the laptop. Thanks for your patience friends. Im still working on this for us every day and apologize to and appreciate those who are here at the begging. Thanks you all.

Hey everyone — quick update from this week. I’ve been working on building out some cheat sheets and scripts based on what you all have been asking for. Things are starting to come together, and I’m excited to get them in your hands. On my end, I’m still pushing through a few more real estate wholesale deals so I can get more comfortable on seller calls… and start recording them. That’s the goal — because I’m ready to start buying more businesses, plain and simple. Hope you’re all making progress, hitting your goals, and actually taking action (not just thinking about it 👀). Also — I’ve been working on something behind the scenes… a private app to bring all of this together. Goal tracking, networking, deal flow, gamification, everything in one place. I honestly think this thing could take off, and that’s what I’m most fired up about right now. More soon. Stay moving. 🚀 And if possible, post about the things you have been working on and the things getting you stuck. That is what I want this community for is to help each other grow.