Legacy Northwest Fund

The strategy of the Fund is to provide 1st position loans to homeowners and real estate builders in the Western United States on single family homes and smaller town home developments. Preservation of investor capital is our priority.

The Fund’s objectives are to preserve and protect each Note Holder’s contributed capital while providing consistent annualized returns.

Our funds are open to accredited investors only. Please contact us to learn how you can verify your accreditation to invest with Legacy Group Capital.

The minimum initial investment amount is $50,000 and the minimum additional investment amount is $25,000.

The Fund offers promissory notes for 3-month, 12-month and 24-month terms.

We started our first fund in 2008 and have not had any loss of investor capital since our inception. Our default rate is less than 2% since inception and we have had zero foreclosures. Previous results are not an indication of future performance.

No, investors purchase a Promissory Note for their holding in the Fund.

The Note pays a fixed interest rate based on the term. The 24-month note pays an annualized 9% interest rate.

No, the Fund cannot accept 1031 Exchange proceeds.

Yes, the Fund can hold retirement assets and is not subject to UBIT (Unrelated Business Income Tax).

Note Holders will receive a Form 1099-INT for the interest paid.

Yes. The Fund is a wholly owned subsidiary of Legacy Group Capital and therefore is included in the annual audit for Legacy Group Capital, conducted by Moss Adams. The audit shall be available to investors upon request.

In addition, the Fund has retained Verivest, LLC as the Fund’s third-party administrator. Verivest will conduct a monthly review of the Fund’s financial activity, prepare investor statements and prepare investor distributions. Verivest will prepare the Form 1099-INT statements for investors as well.