Most real estate investors chase the deal. Will Harvey chased the lesson — and eventually followed it all the way out of operations and into running a fund.

In this episode of Brick by Brick, Loren sits down with Will Harvey III, founder of Harvey Capital Funding, a Richmond, VA-based hard money lending operation. Will’s path is anything but straight: a college dropout, a recovering mortgage originator, a house flipper, a syndication LP and GP, a short-term rental operator who took a $70-80k loss on a functionally obsolete Northern Virginia property, and ultimately a fund manager who now says the operating life just isn’t wired into him. The candor in that admission — and what he built on the other side of it — is what makes this episode worth your time.

In this episode, you’ll learn:

• How Will went from residential loan officer to founding a dedicated hard money fund — and why the 2022 STR deal was the turning point that clarified everything

• The LP/GP alignment question most limited partners never ask — and why proformas are largely baloney

• How Will underwrites borrowers beyond the asset: credit score philosophy, face-to-face meetings with every borrower, and the red flags that end a deal conversation

• How both Will and Loren are embedding AI into their lending workflows — from call transcription to title review to portfolio monitoring

• What “looking down, not up” actually means in practice — and why Will now stress-tests downside before he ever runs upside

Will Harvey III is the founder of Harvey Capital Funding, a Virginia-focused private lending operation offering fix-and-flip, rental bridge, and refinance loans to real estate investors. He also manages a separate fund investing in seller-financed notes. He is based in Richmond, VA.

Topics covered:

• Double college dropout to mortgage originator

• House flipping and building a personal RE portfolio

• LP investing in 100+ unit multifamily syndications

• Leading his own syndications and operating a wedding venue and boutique hotel

• The 2022 Northern Virginia STR loss — deal goggles, a functionally obsolete house, and $70–80k in combined losses

• Founding Harvey Capital Funding in 2023 and spinning out a dedicated hard money fund

• Borrower underwriting: credit score philosophy, face-to-face meetings, red flags

• AI in lending: call transcription, CRM integration, title review, portfolio monitoring

• The GP mindset: conservative assumptions, verified track record, “look down not up”

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Connect with Will Harvey:

Website: harveycapitalfunding.com | Email: will@harveycapitalfunding.com