The Short Version
Eric Scharaga is the founder of Damen Capital Fund, America's leading vacant land note buyer and lender, and co-founder of Legacy Land Fund, a boutique investment fund for accredited investors focused on land-backed note investments — without any debt, leverage, or the risk of construction lending.
In 2020, Eric authored Lienlord, a comprehensive guide that teaches individual investors how to build passive income through mortgage note investing — using the same strategies banks have used for centuries.
How I Got Here
Eric began investing in rental properties in 2002, with the long-term goal of transitioning to full-time investing. That goal became a reality when he discovered mortgage note investing — a strategy that offered better returns, less hassle, and more control than traditional real estate.
Today, Eric and his partner Quinn have funded over 750 transactions and manage a $15M+ active portfolio of vacant land loans. Together, they've financed land acquisitions totaling over $35M across 36 states.
Eric is passionate about personal finance and enjoys introducing land investors to creative strategies for seller financing. He believes the scarcity of banks offering vacant land loans under $200,000 creates a significant and overlooked opportunity for private investors.