Frequently Asked Questions
Yes, once you have invested in the Fund , your investment will continue to be invested as the Fund grows. Once the Fund assets are sold, your proceeds can be reinvested with Legacy Built in a future Fund or a single purpose acquisition or development.
No. All investments that Legacy Built invests in are physical properties that cannot be readily converted to cash in the same way that public stocks can be.
The sale of the Fund will be determined by the existing economic environment at that time. Factors in determining the sale will revolve around interest rates, capitalization rates, income stabilization, and rental revenue velocity.
You do not have to be a United States citizen, but as of right now you do have to live and work in the United States. We are working towards being accessible internationally in the future.
In over 45+ years, we have never once defaulted on a loan or had an investment underperform our expectations.
Answer: An accredited investor is an individual or entity that meets the qualifications set by the U.S. Securities and Exchange Commission (SEC) to invest in private securities offerings. These qualifications include having a net worth of over $1 million (excluding primary residence) or an annual income of at least $200,000 ($300,000 with a spouse) for the past two years.
