We started 890 Capital because we wanted a version of financial independence that didn't require people to time the market.

Most "freedom" pitches in finance are really bets. Buy this asset, hold it through the swings, hope you sell at the right moment. That's the story behind a lot of what gets sold as passive income. It isn't freedom. It's a second job with worse hours and a worse boss - the market.

So when we built 890 Capital, the question wasn't "how do we chase the highest possible return?" It was "how do we build income someone can actually plan a life around?"

The structure, in plain terms

We make first-position hard money loans to vetted real estate operators across the Charleston tri-county - Charleston, Berkeley, and Dorchester counties - and the Southeast U.S.. First position means if anything goes wrong, we're first in line on the collateral. Every loan is capped at 75% loan-to-value, and our book has historically run closer to 66%. That gap between what we lend and what the property is worth is the cushion that protects investor capital.

Those loans generate interest. That interest funds monthly distributions to our investors. We've paid them by the 5th of every month since the fund's inception in April 2024 — never gated, never queued, never "we'll get to it next quarter."

The terms are simple enough to say out loud: 10.00% APY on a one-year commitment, 10.50% on three years, 10.75% on five. Distributions land monthly. You can take them as income or reinvest them through our DRIP and let them compound.

Why "boring" is the point

I use the word boring on purpose, and I mean it as a compliment. Stocks can do better than us in a great year. They can also cut your account in half in a bad one. CDs are predictable but barely keep up with inflation. What we're built for is the middle most people actually want: less volatility than stocks, more upside than CDs, and a payment that shows up on the same date every month.

Boring means you know the number before it arrives. You know the date. You can build a budget, a retirement plan, or just a quieter relationship with your money around it. That predictability is most of the value, and it's the part the flashier pitches leave out.

Independence as a monthly deposit, not a finish line

Financial independence usually gets framed as a finish line - some net-worth number you hit, after which you stop. I think that framing sets people up to feel behind their whole lives.

The version I find more useful: independence is the share of your income that keeps showing up whether or not you worked this month. By that definition you don't have to wait for a magic number. You can start building it now, one monthly distribution at a time, and watch the share grow as you add capital or reinvest what you've earned.

The week of July 4th is a fitting time to ask the honest question: how much of your income would keep arriving if you stopped working tomorrow? For most people the answer is uncomfortable. The work is moving that number, deliberately, with assets that pay you on a schedule instead of asking you to guess.

Where 890 Capital fits your financial independence plan

We aren't trying to be your whole portfolio. We're the part that's supposed to be steady — first-position, asset-backed, monthly, in a market our team knows building by building. Our Chief Real Estate Executive, Caleb Pearson, has flipped more than 400 homes in Charleston. We underwrite to the streets he's worked, not to a national average.

If you're an accredited investor and the idea of income you don't have to babysit sounds like the kind of independence you're after, that's exactly what we built.

Request investor access to see the full 890 Capital offering and current terms.

For accredited investors only. Past performance does not guarantee future returns. See 890capital.com for full disclosures.

Further reading: see the latest 890 Capital monthly fund updates.