3 ms·
I would like to get some (10%-20%) equity out of my house. Not with a loan against it but selling equity. I looked around some and this company[1] facilitates e
by njarboe 9y ago
I would like to get some (10%-20%) equity out of my house. Not with a loan against it but selling equity. I looked around some and this company[1] facilitates exactly this scenario. Unfortunately when I called them a few months ago they said they take 25% of the upside value and pay you only 10% of the house value. The majority owners still have to pay for/do all the maintenance. This seems like too much of a giveaway and is for people who need cash, but for some reason can't git a home equity loan.
It seems that the blockcoin space has decided that it can be used as a workaround for many financial rules, similar to how Uber/Lyft could work because calling a limo was legal and technology finally made calling a limo like hailing a cab.
I am not deep into the ICOs and blockchain tech but am quite interested in working in this space. I live and own a home in the Bay Area to possibly use as a test bed and have programming experience. I'd enjoy chatting over coffee with someone with similar interests. Username at gmail for contact.
[1]https://point.com/ https://point.com/