Updated about 5 years ago on . Most recent reply
Shared equity release - no loan payments
Hi,
I just listened to Mathew Sullivan on Joe Fairless's podcast.
He runs QuantmRE - https://quantmre.com
You can basically release equity out of your home or rental property without taking on any debt.
The kicker is that they share in the upside of any appreciation that has occured when you sell.
This whole model involves a cryptocurrency backed by audited pool of real estate assets (your equity).
Hopefully members far smarter than me can chime in on this. The thought of getting money out of my primary residence now without the monthly paymets of a HELOC or refinace is appealing but not sure if it worth it in the long run.
Keen to hear everyones thoughts