Frequently Asked Questions

Harvey Capital is a real estate investment management firm founded by Will Harvey III. We operate two distinct strategies: a Growth fund that invests in publicly traded real estate companies trading below their private market value, and an Income fund that provides short-term hard money loans to experienced house flippers. Our goal is to generate strong risk-adjusted returns while maintaining full transparency with our investors.

Our funds are open to accredited investors as defined by the SEC. Generally, this means individuals with a net worth exceeding $1 million (excluding primary residence) or annual income exceeding $200,000 ($300,000 with a spouse) for the last two years. If you're unsure whether you qualify, we're happy to walk you through the requirements.

Minimum investment amounts vary by fund and are discussed during our initial conversation. We're flexible and willing to work with investors who are a good fit for our strategy, even if they're starting with a smaller allocation. The best way to learn about current minimums is to schedule a call.

The process starts with a conversation. Schedule a call through our Connect page or email [email protected]. We'll discuss your investment goals, explain our strategies in detail, and determine if there's a good fit. If you decide to invest, we'll walk you through the subscription documents and onboarding process.

Hard money lending is a form of private real estate lending where loans are secured by physical property rather than the borrower's creditworthiness. We provide short-term loans (typically 6-12 months) to experienced real estate professionals who are renovating and reselling residential properties. The loans are secured by the property itself, and we maintain conservative loan-to-value ratios to protect investor capital.

Our Income fund, Harvey Capital Funding I LP, has generated an 18.36% annualized return to limited partners. Returns come from a combination of interest payments (typically 12-15% annually) and origination points (2-4 points per loan). Because loans are short-term and capital is recycled quickly, the effective annualized return is often higher than the stated interest rate. Past performance is not indicative of future results.

We use several layers of protection. First, we maintain conservative loan-to-value ratios, typically lending no more than 70% of the after-repair value (ARV) of the property. This means even if a borrower defaults and we need to foreclose, there's a significant equity cushion protecting our capital. Second, we thoroughly vet every borrower and property before funding. Third, all loans are secured by a first-position lien on the property. To date, Harvey Capital Funding I LP has experienced zero principal losses.

Income fund investors receive monthly distributions as interest payments come in from our active loans. The exact timing and amount depends on the current loan portfolio, but our goal is to provide consistent, predictable cash flow. Detailed statements are provided monthly so you always know exactly how your capital is performing.

If a borrower defaults, we have the right to foreclose on the property since all our loans are secured by a first-position lien. Because we lend at conservative loan-to-value ratios (typically 70% of ARV or less), there's a built-in equity cushion that protects investor capital even in a foreclosure scenario. We can either complete the renovation and sell the property ourselves, or sell the property as-is to recover the principal and accrued interest.

Our Growth strategy invests in publicly traded companies and REITs that own valuable real estate but trade at a significant discount to their private market (net asset) value. We focus on small-cap and OTC-listed companies that are often overlooked by institutional investors. The thesis is simple: when you can buy a dollar of real estate for fifty or sixty cents through the public markets, patient investors are rewarded as the discount narrows over time.

We use an 82/18 profit split that favors investors. Limited partners receive 82% of profits, and the general partner (Harvey Capital) receives 18%. We do not charge management fees or AUM fees — we only make money when our investors make money. This alignment of interests is fundamental to how we operate.

The Growth strategy is designed for patient, long-term investors. Our investments may take several years to fully realize their value as the public-private valuation gap closes. We recommend a minimum investment horizon of 3-5 years, though some positions may be held longer. This is not a strategy for investors who need short-term liquidity.

We charge zero management fees and zero AUM fees. Our compensation comes entirely from the 18% performance allocation — meaning we only get paid when we generate profits for our investors. We believe this structure properly aligns our interests with yours. There are no hidden fees, no administrative charges, and no expense ratios eating into your returns.

Radical transparency is one of our core principles. We publish our complete track record on our website — including every investment we've ever made, the wins and the losses. Investors receive detailed monthly statements for the Income fund and regular updates for the Growth fund. We also publish fund updates and investment writeups on our Substack. We believe you should always know exactly where your money is and how it's performing.

Yes, absolutely. I invest my own capital in every strategy alongside our limited partners. I believe a fund manager should eat their own cooking. When you invest with Harvey Capital, you can be confident that my personal wealth is on the line right next to yours. This is the strongest form of alignment I can offer.

Harvey Capital operates through limited partnership structures. The Income fund operates as Harvey Capital Funding I LP, and the Growth fund operates as Harvey Capital I LP. Each fund has its own partnership agreement, and investors become limited partners with clearly defined rights, obligations, and profit-sharing arrangements. All legal documents are provided during the onboarding process.