Acquisition equity
Down payments, closing needs, reserves, and other approved project-level uses.
Investment strategy
Equity capital built for residential transformations.
The proposed fund would supply the equity beneath senior hard-money financing, giving Jeff Harris the capital base to acquire, renovate, and sell carefully selected residential properties.
What the fund is designed to do
Back the project, not an outside borrower.
Fund capital would be invested into property-owning entities controlled through the approved fund structure. It would not operate as a public hard-money lending platform.
Hard-money financing
Third-party lenders are expected to finance the remaining purchase price and approved renovation draws.
Hands-on operation
Jeff would source properties and lead renovation, listing, and disposition activity.
Target property profile
Focused on housing that can be improved and resold.
The working mandate targets single-family residences and residential properties containing two to four units. Final geography, price limits, leverage limits, and project concentration rules remain to be established.
Working acquisition lens
- Defensible purchase basis
- Documented renovation scope and budget
- Supportable resale value and buyer demand
- Senior financing available on acceptable terms
- Contingency and carrying reserves
- Clear renovation and disposition plan
Capital stack
Two sources. One property plan.
The precise structure will vary by property and lender. Fund equity remains subordinate to the senior lender and therefore bears meaningful loss risk.
Property equity and reserves
Investor capital supports the equity layer and approved reserves.
Acquisition and renovation debt
Independent hard-money financing is repaid before cash may return to the fund.
Risk discipline
Underwrite the downside before funding the upside.
- Stress acquisition, renovation, timing, and resale assumptions
- Require project budgets and decision records
- Monitor draws, change orders, inspections, and schedule
- Maintain fund-level and project-level reporting
- Separate reported results from projected outcomes
These controls are proposed planning concepts. They are not yet final policies and do not eliminate investment risk.
Private information request
Start with information, not a commitment.
This working site does not accept subscriptions, reserve allocations, or guarantee investment terms.