Buying a $7.3m Golf Course with No Money Down | Kyle Holmes Interview

Synopsis
Kyle Holmes and a course superintendent bought Quail Ridge Golf Club for $7.3 million with no personal cash, using SBA 504 financing, conventional debt, and a seller note. The business generated about $500,000 to $700,000 of earnings, while the 275-acre land was worth at least $10 million, making the appraisal central to the deal. The episode covers real-estate-heavy acquisition financing, partnership structure, and first-year golf course operations.
Ideas in this episode
- Zero-down business acquisition
Kyle Holmes acquired Quail Ridge Golf Club for $7.3M with no personal cash using SBA 504 financing, conventional debt, and a seller note, leveraging the underlying land value.
- Buy-and-hold rental real estate
Kyle Holmes and a partner bought Quail Ridge Golf Club for $7.3M with no cash down, where 275 acres were appraised at over $10M alongside $500K-$700K of earnings.
- Small business acquisition (no experience required)
Kyle Holmes bought Quail Ridge Golf Club for $7.3M with SBA 504, conventional debt, and a seller note, betting on $500K-$700K of business earnings plus land value.