Buy Partial Real Estate with Credit Card
Buy Partial Real Estate with Credit Card
Founder of AlphaCap [1] here, we built a simple tool that allows anyone to buy real estate and immediately start receiving monthly rental income. We encountered a problem in the form of an endless wall of paperwork when trying to buy real estate for investment purposes. Real estate industry is still pretty outdated, there are still real estate agents who charge 3% to represent the seller and another 3% to represent the buyer, there are technology platforms like Redfin that are trying to tackle that particular challenge by charging 1% and hiring a salaried employee to represent the buyer/seller. However, buying a percentage ownership in a property still remains a difficult problem. We strive to build a platform to connect interested buyers/investors with each other to raise enough capital to purchase a property together. This way if a property is a great investment, but you don't have enough money to cover the full purchase price you can use our platform to buy a percentage of that property and allow others to invest in the remaining equity. You will then receive your share of the rental income + appreciation on your equity ownership over time. I want to thank everyone in advance for providing feedback and looking forward to hearing your thoughts and any concerns. [1] https://alphacap.ai
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