Frequently Asked Questions

Think of us like the bank.  You can invest your capital (money) with us which allows us to fund new construction and value add residential projects in various Canadian markets.  Having access to these funds allows us to increase the speed and profitability of our projects.  In turn, we can provide you with an annual interest rate that is much higher then what a traditional bank would provide.  This creates a true win-win scenario and allows us to increase the positive impact we can have in the communities we work in.

 The speed by which you can access your money is called Liquidity.  The more liquid an investment, the faster you can convert it to cash.   Investments in Legacy14 Lending have a high return, but also less liquidity.  If you invest funds with us, we require a minimum investment period of one year.  This allows us to plan our projects and ensure we can provide you the expected return.  This is a great place to park money for longer periods of time.  

Your capital will be invested for the length of the project it is invested it.   While your money is put to work on a project, it is not liquid until the project is complete.  We are looking for what we call "Patient Capital".  We do not want to accept funds that you may need in the short term as it causes un due stress on both parties.   We invest in only small development projects which generally take 12 months to complete once construction begins.

We calculate interest payable based on a simple annual interest rate.  Interest accrues each day it is invested with us, and is paid to you by direct  deposit on the last day of each month.

Generally speaking, the larger the investment the better as it allows us to operate more efficiently.  However we accept minimum investments of $100K CAD and a maximum of $1M CAD.  

All investments bare risk, however all money invested into Legacy14 Lending is secured by Canadian real estate assets.  Funds are secured against asset's in one of three ways:

1. Our company holds title to the asset directly
2. We register a mortgage against an asset
3. Our company is a shareholder in the project and provides a shareholder loan

We have been buying, renovating, holding and selling residential real estate in Canada since 2007.  We have been hands on with our projects from day one and have gained invaluable experience from being in the trenches.  

We are currently focused in Penticton, British Columbia.  In the past we have invested in various markets in BC and Ontario