Grow Your Cashflow Income Fund

The Fund

One investment. Monthly income. 10 funds.

You write one check. We spread it across 10 private lending companies that pay monthly interest. You get one deposit, one tax form, and one person to call.

THE SHORT VERSION

You invest once. We handle everything. You get paid every month.

The GYC Income Fund is a private investment fund that pools your money with other accredited investors and spreads it across 10 carefully vetted lending funds. These funds make loans backed by real assets — real estate, aircraft, medical receivables — and the interest borrowers pay becomes your monthly income.

You get one investment, one tax document (a K-1), and a deposit in your bank account every month. The fund targets 10%+ annual returns to investors, with a maximum of 99 investors and $10M total.

Fund Performance

Net LP yield

Targeting — at $5.5M allocation

8.0%

Consecutive distributions 28 months

Manager co-invest $400K

Total cash paid out $84,455

Spots remaining 95 of 99

Profitable since Day 1 ✓

Fund since Nov 2023

What you get

10%+

Targeted annual return

Before taxes. After all fund fees are paid.

Monthly

Cash distributions

A real deposit in your bank account.

10 Funds

Diversified portfolio

Your money is spread across 10 different lending companies.

1 K-1

One tax form at year-end

K-1 = the form you give your accountant. We send one, not ten.

1st Position^*

First lien position on underlying collateral

*No more than 5% of any fund's portfolio may be in 2nd position

Minimum investment

$100,000

Accredited investors only

Commitment

3 Years

Partial or full redemptions quarterly after the commitment period

Structure

Fund of Funds

You invest once. We manage ten relationships.

Manager

Pascal Wagner

$400K of his own money invested alongside yours

PW

A note from the manager

Why I built this fund.

I spent years researching private credit funds — and found that earning passive income outside the stock market meant navigating hundreds of alternative funds, with no easy way to know which ones were legitimate. I did the work: background checks, operator calls, loan tape reviews, audited financials. I built a system for vetting these funds because I had to. The GYC Income Fund was born from that process — a single investment that gives you monthly income from 10 carefully vetted lending companies.

— Pascal Wagner, Managing Member

Is this the right fit?

✓ You need monthly income you can live on

✓ You can commit capital for 3 years

✓ You want hands-off, diversified exposure

✗ You need liquidity within 3 years

✗ You want 50%+ returns

✗ You’re not accredited

Your Income

What does this actually pay me?

Drag the slider to your investment amount. The numbers below are based on what we’re actually paying investors today — not a projection.

If I invest

$250,000

$100K$500K$1M$2M

Illustrative yield (based on current allocation): 8.0% annually*

$1,667

Deposited monthly

$20,000

Annual income (pre-tax)

$60,000

Total over 3 years

After the 3-year lockup, you may redeem your principal with 90 days’ notice — or keep it invested.
These distributions are income on top of your investment, not a drawdown of it.

These calculations are based on actual distributions paid over the past 28 months. Past performance is not indicative of future results.

Want to see exactly how fees work, when you get paid each month, and what this looks like after taxes? Click Detailed.

▼ Click a stage below to explore each phase

1. CALCULATING YOUR PASSIVE INCOME GAP

Current Pre-tax Annual Passive Income

$0

What you currently earn (pre-tax) from passive investments

Target Pre-tax Annual Passive Income

$100,000

What you want to earn per year (pre-tax) from passive income

2. APPLYING TAX ASSUMPTIONS & AFTER-TAX INCOME

Investment amount

$100,000

Federal tax bracket

32%

State tax rate

0%

K-1 tax details & treatment breakdown

Schedule K-1 (Form 1065) — Example

Illustrative · Not tax advice

SCHEDULE K-1 (FORM 1065)

Partner's Share of Income

Department of the Treasury — Internal Revenue Service

Tax Year

2025

PART I — INFORMATION ABOUT THE PARTNERSHIP

A. Partnership's EIN

XX-XXXXXXX

B. Partnership name

GYC Income Fund LLC

C. IRS Center

e-file

D. Public Partnership

No

PART II — INFORMATION ABOUT THE PARTNER

E. Partner's SSN / TIN

XXX-XX-XXXX

F. Partner's name

LP Investor

G. General or limited

Limited Partner

H. Ownership %

—

PART III — PARTNER'S SHARE OF CURRENT YEAR INCOME

Line	Description	Amount
1	Ordinary business income (gross, before fund expenses)	—
2	Net rental real estate income	$0
5	Interest income (est. 70% of ordinary income)	—
13K	Fund management fee — your allocable share (15% of gross income)	—
13W	Section 199A (QBI) deduction eligible income	—
19	Distributions received (cash distributed to you)	—
Rsv	Interest reserve retained by fund (~1 month holdback — not distributed)	—
20Z	Section 163(j) business interest expense	$0

Line 1 vs Line 19: You are taxed on Line 1 (gross income including fee allocation) even if Line 19 (distributions) is lower due to the interest reserve holdback. The reserve accumulates in the fund and is returned with your principal.

Note: Approximately 30% of GYC Income Fund income may qualify for the 20% QBI deduction (Section 199A) through Dwight, Fairbridge, and Kirkland underlying funds. Consult your tax advisor.

Your estimated tax impact

Tax treatment by fund

Each underlying fund reports differently — GYC aggregates into your single K-1

Fund	Tax treatment	QBI?
Stratus Financial	Ordinary income	No
DLP Lending Fund	Ordinary income	No
Dwight Mortgage Trust	Ordinary income + 20% QBI reduction	Yes
Reliant Income Fund	Ordinary income	No
PFD Medical Receivables	Ordinary income	No
Fairbridge Partners	Ordinary income + 20% QBI reduction	Yes
BRC Commercial	Ordinary income	No
Alcova Capital	N/D — assumed ordinary income	No
Kirkland Income Fund	Ordinary income + 20% QBI reduction	Yes

“14 months in, the deposit shows up every month like clockwork.”

— Tod Spooner, LP Investor

Our Process

1,000+ reviewed. 10 made the cut.

We look at every private credit fund we can find — over a thousand so far. We throw out anything that doesn’t meet six non-negotiable criteria. What’s left is the 10 in your portfolio.

1,000+

Reviewed

→

~50

Deep Dived

→

10

In Portfolio

Find

Vet

Monitor

8%+

Minimum Yield

1st Lien

Senior Position

3+ Yrs

Track Record

Audited

Financials Required

Monthly

Distributions

≤20%

Max Allocation

Every fund in the portfolio cleared all six criteria. Curious how we actually find and vet 1,000+ funds? Click Detailed.

▼ Click a stage below to explore each phase of our process

Stage 1 · Find

Deal Sourcing

Where the 1,000+ funds in our pipeline actually come from

How we find funds

Six Sourcing Channels

Before a fund ever reaches the Buy Box screen, it has to find its way into our pipeline. Pascal's sourcing network spans six channels — built over years of active participation in the private credit and alternative investment community. This is the structural edge that comes from running a media platform and operating inside the same networks as the fund managers themselves.

📣

Paid Advertising (Inbound)

Pascal clicks on every relevant private credit, fund-of-funds, and alternative investment ad that appears in his feeds. Fund managers running paid acquisition are actively looking for capital — that means they're open to conversations. This alone surfaces 200+ funds annually.

🤝

Fund Manager Networks

Current portfolio fund managers refer peer funds they know and trust. Once inside a network of operators at Dwight, DLP, or Stratus, introductions flow naturally. Fund managers talk to each other — and knowing one opens doors to many.

👤

Pascal's Personal Network

Years of relationship-building in real estate investing, private credit, and entrepreneurship — rooted in Boulder/Denver, CO and Miami, FL — means Pascal's personal network surfaces fund managers before they're widely known. As a Techstars alum, direct introductions from fellow operators and investors across these regions carry the highest trust signal of any sourcing channel.

Techstars Boulder/Denver, CO Miami, FL

💬

Investing Communities

Active participation in online and in-person investing communities and forums where accredited investors discuss fund managers, deal flow, and performance. Community word-of-mouth is often where emerging managers get their first traction.

Best Ever CRE PassivePockets 506 Investors Group Long Angle Investors

🏆

Paid Masterminds

Active membership in GoBundance, Avestor's Fund Manager Community, and Connected Capital — curated groups where serious operators and fund managers are the default attendee. These environments produce high-quality, vetted introductions that rarely appear in public channels.

GoBundance Avestor's Fund Manager Community Connected Capital

🌐

Major Investment Platforms

We also pull deal flow from all the major alternative investment networks and platforms. These marketplaces surface a high volume of private credit and real estate fund opportunities, which we then filter through our Buy Box criteria.

Fundrise Yieldstreet RealtyMogul CrowdStreet + many more

The result: 1,000+ funds reviewed since inception → filtered to the 10 in our portfolio today using the Buy Box criteria above. Each sourcing channel contributes a different quality of deal — the funnel below shows exactly how those 1,000+ get narrowed down.

Track Record

28 months. Zero missed payments.

Since November 2023, every investor has received a monthly distribution — 28 consecutive months through March 2026. Past distributions are not indicative of future results.

Net LP Yield

8.0%

Annualized, net of all fees

Missed Distributions

0

28 consecutive months

Total Distributions

$84,455

Paid to LPs since inception

Monthly per $250K

$1,667

At current 8% net yield

What the fund earns vs. what you keep

Annualized Fund Gross Returns and LP Net Returns by month (2023–2026).

Gross returnLP net return

Total cash paid to investors

$84,455

Cumulative monthly distributions to LPs since inception (2023–2026).

Fund management team

Who Manages Your Capital

Fund Manager · CEO

Pascal Wagner

Founder and managing member of GYC Income Fund. Real estate investor, fund operator, and host of Grow Your Cashflow — helping accredited investors build passive income through private credit and fund-of-funds investing.

LinkedIn YouTube Email

Fund Administrator · Avestor

Sanjay Vora

Fund administration via Avestor — providing subscription management, investor portal, distribution processing, K-1 coordination, and compliance infrastructure for the GYC Income Fund.

LinkedIn Email Website

SEC Attorney

Michael Fugler

Securities and regulatory counsel for GYC Income Fund. Advises on Reg D / 506(c) compliance, blue sky filings, PPM drafting, and ongoing SEC reporting requirements for private fund offerings.

Manager Invests Alongside You

Pascal invests $400,000 of his own capital alongside LPs — same terms, same risk, same upside.

$400K

Why GYC has a structural edge

Built-In Advantages That Compound Over Time

Side letters & preferential terms

GYC’s relationship with Stratus Financial includes a 20% preferred return side letter — terms not available to investors going directly. This is the compounding advantage of GP relationships.

Media platform as sourcing moat

The Grow Your Cashflow podcast and YouTube channel give Pascal direct access to fund managers — and a trust signal that cold outreach never gets. GYC evaluates managers months before publishing them.

3+ years inside these funds

Pascal has been an LP in the underlying funds personally since 2022 — before GYC Fund launched. The track record you’re reading includes his own capital.

Click here to view financials →

“GYC did the work I didn’t have time for. Now I get one deposit every month and one K-1 at tax time.”

— Philip Lima, LP Investor

The Portfolio

Where does my money go?

8–12 funds · no single fund > 25%

Think of it like a basket of different lending companies. Some lend on real estate, some on aircraft, some on medical bills. If one has a bad quarter, the others keep paying you. No single fund holds more than 25% of your money.

Allocation %

Gross Yield %

Blended Portfolio

Weighted average across all 10 funds

100%

13.6%

1,000+ funds reviewed → 10 in portfolio. Every fund: first-lien, audited, 3+ year track record.

Want to see every fund by name, what they lend on, and how they’ve performed? Click Detailed.

Modeled at $5.5M deployed — minimum required to access all 10 funds · full target allocation

This portfolio targets a — blended gross yield across 10 funds in 4 asset strategies, modeled at $5.5M full deployment. The numbers below are the outputs of that construction.

Blended gross yield

—

Weighted avg across 10 funds

Net to LP — annual

—

After waterfall (pref + carry)

Monthly per $1M

—

Per $1M invested

Funds in portfolio

10

Across 4 strategies

Highest single fund

—

How the yield is built

The blended yield isn't a single bet. It's the weighted sum of 10 individual fund contributions. Each bar below shows exactly how much one fund adds to your total return — contribution = allocation % × that fund's gross return.

Yield by strategy

Each segment = that strategy's share of blended gross yield

Yield build-up by strategy

Contribution = allocation % × strategy gross return

—

blended gross yield

Risk vs. return

Stratus Financial and PFD Medical deliver the highest returns with the lowest risk scores in the portfolio. That's the alpha — high return without proportionally high risk. Funds in the upper-left are your best risk-adjusted positions. Bubble size = allocation weight.

← lower riskhigher risk →

Rate sensitivity split

35% of the portfolio is deliberately insulated from interest rate risk. GYC started as a real estate investor, which means nearly all early exposure was rate-sensitive. This portfolio corrects that: aviation lending and medical receivables are driven by pilot hiring demand and personal injury litigation — not the Fed, not refinancing cycles, not cap rates. If rates spike or a credit cycle turns, these positions don't move in the same direction as the rest.

What % of the portfolio is correlated to interest rate movements.

Asset strategy mix

Portfolio composition & track record

The doughnut and table show where every dollar goes at full deployment. Below that, the historical returns chart shows what each fund has actually delivered — not projected — going back as far as 2018.

FundRiskAlloc %AUM $Return %Gross incomeNet income

Every fund in this portfolio has maintained returns within 1–2% of its stated target in every year it has operated. The chart below is the receipts.

Historical returns

Annual returns by fund — back to 2018

Returns going back to each fund's earliest available year. Hover a point to see values.

Annual returns (%) — all 10 funds

Past performance is not indicative of future results. Blanks = fund not yet operating or data not available.

Fund history & AUM growth

Three years of actuals — where we’ve been

Inception AUM

$400K

Nov 2023 · 1 LP

Current AUM

$551K

Mar 2026 · 4 LPs

LP Distributions Paid

$84,455

28 consecutive months

Missed Distributions

0

Since Nov 2023

AUM (left axis)

LP distributions paid (left axis)

LP count (right axis)

Current deployment — March 2026

Where the $551,800 is today

DLP Lending Fund

Commercial Real Estate · 10.2% return

$550,000

100% of deployed capital

Why we started here

Why DLP first — the anchor decision

$1.1B

AUM — deeply diversified

90 days

Liquidity window — shortest in portfolio

26 mo.

Consecutive distributions to GYC

The foundational allocation for a new fund — $1.1B AUM across 128+ loans, fastest exit window in portfolio, paid GYC consistently since day one. You earn the right to higher-yield positions by proving the base first.

Current AUM $551,800

Active LPs 4

Monthly distributions sent 26 months ✓

Target state — fully deployed

Where we’re heading

The Portfolio (Target) tab shows the fully diversified 10-fund allocation we’re building toward — spanning aviation lending, healthcare receivables, commercial real estate, and workforce housing. The deployment queue below is the step-by-step path to get there.

Target AUM $5,500,000

Target funds 10 funds

Target blended gross yield —

Remaining to deploy —

Next-dollar deployment queue

Deploying to $5.5M total — 10 funds in sequence

As new LP capital comes in, it gets deployed into the next fund in this queue. Slot sizes are sized by conviction, AUM, and minimum investment — ranging from $250K to $350K per fund. This ensures diversification builds systematically rather than randomly.

Why this matters for LP returns

Each deployment step increases your blended yield

DLP Lending Fund earns ~10.2% gross. Adding Stratus Financial (20%) lifts the blended yield immediately. Adding PFD Medical Receivables (15%) and Dwight Mortgage Trust (12.4%) further diversifies while maintaining double-digit blended returns. Every slot filled moves the portfolio closer to the target allocation.

Blended yield accretion as each slot fills

Risks

Can I lose my money?

Yes, it’s possible — this is an investment, not a savings account. But here’s exactly what would have to go wrong, and what we do to make it unlikely.

🔒 3-year commitment — and that’s by design

Trade-off▼

The 3-year commitment is what gives you access to these private credit returns. If these funds were liquid, they wouldn’t pay 10%+. The lockup is the premium — it’s the reason this yield exists. After 3 years, quarterly partial or full redemptions are available with 90 days’ notice.

📈 Interest rates could compress yields

Moderate▼

6 of our 10 funds (65% of allocation) have some sensitivity to interest rates. Our 3 rate-independent funds provide meaningful insulation.

⚠️ An underlying fund could fail

Unlikely▼

Every fund is audited, with multi-year track records. No single fund holds more than 25%. For principal to be at material risk, 3+ funds would need to fail simultaneously.

👥 You’re trusting Pascal to manage this

Operator risk▼

Full bank statement transparency, GP co-invests alongside LPs, open calendar for any LP to schedule a review.

❌ Returns depend on 10 fund managers performing

Reality▼

8–10% is a target, not a promise. Your income comes from 10 independent fund managers each running their own lending operations. If any of them underperform, it affects the blended yield. LP distributions are paid before GP carry, giving you first priority on income.

No guarantees. But 10 independent managers, all first-position, all audited, across 4 asset classes.

Want to stress-test this? Click Detailed for per-fund risk analysis, interest rate exposure, and worst-case scenarios.

Per-fund deep dive

What each fund does, and what could go wrong

Click any fund below to see: what it does, what we think the risks are, the likelihood, and what would specifically need to happen for your principal to be at risk.

Not an exhaustive list. Investors should review the full PPM before investing. Private fund investing involves significant risk of loss.

Portfolio diversification analysis

External factors that could affect fund performance

One of GYC's key selection criteria is building a portfolio that isn't all exposed to the same macro risk. The most common external risk in private credit is interest rate sensitivity — but not all our funds share that exposure.

Interest rate exposure

Interest rate sensitive

Rate-independent / specialty

Fund	Interest rate risk	Why / Why not
DLP Lending Fund	Sensitive	CRE bridge loans — higher rates reduce origination volume and can slow borrower refinancing
Dwight Mortgage Trust	Sensitive	Variable rate HUD bridge loans — yield compresses in a rate-falling environment; protects in rising rates
Reliant Income Fund - A & B	Sensitive	RE note buying — collateral values and borrower ability to refinance are both impacted by rate environment
Fairbridge Partners LP	Sensitive	Workforce housing bridge — rising rates delay exit to permanent financing; lease-up economics shift
BRC Commercial Fund	Sensitive	SoCal commercial bridge — rate changes affect borrower refinancing timelines and collateral cap rates
Kirkland Income Fund	Sensitive	Reno bridge CRE — short duration (12–18mo) limits long-term rate exposure, but origination volume can be affected
Alcova Capital - Class B	Low sensitivity	CRE but 0% leverage — no rate amplification; fixed preferred return provides insulation
Stratus Financial Fund I	Not sensitive	Aviation student loans — demand for pilot training is driven by airline hiring cycles, not interest rates. Loans sold within 2 weeks.
PFD Medical Receivables	Not sensitive	Personal injury receivables — settlements and medical outcomes have no correlation to the interest rate environment

External factors that could affect fund performance

⚠ Interest rates

Affects 6 of 10 funds (65% of allocation)

Rising rates slow CRE refinancing cycles and can reduce origination volume for bridge lenders. Our 3 rate-independent funds (Stratus, PFD, Alcova) provide meaningful insulation.

⚠ Credit cycle / recession

Affects all 10 funds — but with wide variance

An economic downturn increases borrower defaults. Most likely outcome: yield compression (returns fall toward preferred return floor), not principal loss. All funds hold 1st position with significant equity cushion.

⚠ Real estate market

Direct impact on 6 RE-focused funds

A broad CRE decline would affect DLP, Dwight, Reliant, Fairbridge, BRC, and Kirkland. Mitigated by geographic diversification, short loan durations, and conservative LTVs.

✓ Airline industry (Stratus)

Unique exposure — airline hiring cycles

Stratus performance is driven by pilot demand. Airlines have a structural shortage of 50,000+ pilots through 2030. An AI-driven replacement of pilots would take a minimum of 10–15 years and multiple regulatory approvals — well outside Stratus loan duration.

✓ Healthcare / legal (PFD)

Driven by PI litigation volume

Personal injury case volumes are largely uncorrelated to macro economic cycles. Tort reform legislation is the key risk — a federal cap on PI damages would be needed, which has failed to pass for 30+ years.

✓ Regulatory / government (Dwight)

HUD program risk — very low probability

Dwight's loans are HUD-qualified bridge loans. Eliminating HUD would require an act of Congress. The program has existed since 1934 and provides government-backed housing finance.

Capital risk scenarios

What would need to go sideways for capital to be at risk?

Our capital sits in first-position, diversified across 10 independent fund managers. Here's what would realistically need to happen for an LP to lose principal:

Scenario 1 — severe

Multiple fund failures simultaneously

3+ of our 10 underlying funds would need to simultaneously default and fail to recover collateral — requiring both manager fraud AND collateral collapse across multiple asset classes at the same time. Historically unprecedented in a diversified 1st-lien portfolio.

Scenario 2 — moderate

Extended liquidity freeze + forced sale

If an LP needed to exit during a credit market freeze before the 3-year lockup and GYC was forced to liquidate positions at distressed prices. Our quarterly redemption window after lockup mitigates forced-sale risk.

Most likely outcome

Return compression — not loss of principal

In a recession or credit cycle downturn, yields on some underlying funds may compress from 12–16% toward 8–10%. LPs would still receive distributions, just at lower rates. Capital is expected to be returned — the question is the yield, not the principal.

Bottom line

We don't guarantee returns — no fund can. But our structure is designed to absorb market stress: 10 independent managers, all first-position, all audited, all with multi-year track records. For capital to be materially at risk, we'd need a systemic credit collapse across multiple asset classes simultaneously. We monitor this quarterly and will exit positions that show deteriorating fundamentals before problems compound.

“I can see exactly where every dollar is. Pascal sends updates I actually read.”

— Matt Sommers, LP Investor

Investors

What our investors say

Real feedback from real LPs. No scripts, no edits — just their experience investing alongside us.

TS

Tod Spooner

“I was looking for something outside the stock market that could actually generate monthly income. 14 months in, the deposit shows up every month like clockwork.”

GW

Gabriela Wagner

LP Investor since 2023

“I wanted monthly income I could count on without worrying about the stock market. I get a deposit every month and I don’t have to think about it.”

PL

Philip Lima

“I spent months trying to vet private credit funds on my own. GYC did the work I didn’t have time for. Now I get one deposit every month and one K-1 at tax time.”

MS

Matt Sommers

Video

“I can see exactly where every dollar is and what it’s earning. Pascal sends updates I actually read. That level of transparency is rare in this space.”

INVEST CLEARLY

Verified Third-Party Review

★★★★★ 5.00 (1 review)

Claimed Profile Actively Raising

Verified Investor · July 17, 2025

“Great debt fund and communication”

Invested in the debt fund which was a lower entry point that directly with DLP. Solid communication with consistent distributions. Pascal is easy to work with and communication is great. Will be investing more soon.

View on Invest Clearly →

Testimonials reflect individual investor experiences and are not guarantees of future results. All private fund investing involves significant risk of loss. Past distributions are not indicative of future distributions.

Let’s talk.

Book a 15-minute intro call with Pascal. No commitment, no pitch — just an honest conversation about whether this is the right fit for your situation.

☎ Book a call

95 of 99 spots remaining

This material is for informational purposes only and does not constitute an offer to sell or solicitation to buy securities. Any offering will be made only through a Private Placement Memorandum (PPM). Past performance is not indicative of future results. Private fund investing involves substantial risk of loss. Returns, distributions, and preferred returns are targets only and are not guaranteed. See PPM for complete risk factors. For accredited investors only. GYC Income Fund · Grow Your Cashflow LLC · growyourcashflow.com

Data & Sources ▼

QuickBooks Data

Fund P&L, Balance Sheet, Distribution Records

Data pulled 3/15/2026 ▼

Fund Returns Registry

Historical Returns by Fund (2018–2025)

Updated 3/14/2026 ▼

Fund Due Diligence

AUM, Leverage, Lockup, Risk Scores, Fund Metadata

Ongoing ▼

Questions about our data? Email [email protected]

Build a monthly income streamyou can actually live on.

One investment. Monthly income. 10 funds.

What does this actually pay me?

1,000+ reviewed. 10 made the cut.

28 months. Zero missed payments.

Where does my money go?

Can I lose my money?

🔒 3-year commitment — and that’s by design

📈 Interest rates could compress yields

⚠️ An underlying fund could fail

👥 You’re trusting Pascal to manage this

❌ Returns depend on 10 fund managers performing

What our investors say

Let’s talk.

Build a monthly income stream
you can actually live on.