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Updated over 8 years ago,

User Stats

51
Posts
28
Votes
Lisa S.
  • Baltimore, MD
28
Votes |
51
Posts

New Andreessen Horowitz-backed home equity startup

Lisa S.
  • Baltimore, MD
Posted

Potentially interesting way to help finance a primary residence - sold as an alternative to home equity loans/HELOCs: https://point.com/

They claim that it isn't debt, but rather fractional equity in "super prime" real estate

"We pay you today for a share of your home’s future appreciation. There are no monthly payments; there is no interest rate; you can buy Point out or sell the home at any time; we can lose money if the home depreciates."