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Opinion: Is the time ripe for a third way to tap home equity?

Housing Wire

In today’s environment, homeowners are looking for new answers — and financing platforms — to solve that puzzle. Alternatives to conventional financing are in demand, and in parallel, emerging players have created avenues for capital to join an efficient, rapidly-emerging, and fintech-driven asset class.

Equity 371
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Freddie Mac spurs landlords to report on-time rent payments

Housing Wire

Esusu, a credit-building fintech, will deliver the on-time rental payment reports from landlords’ property management software to the credit bureaus. That puts the 44 million households who rent at a significant disadvantage when they seek financing for a home, a car or even an education.

Finance 468
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Opinion: Many mission-based landlords are at a breaking point

Housing Wire

Labor costs for property management have increased nearly 50% in some markets, and security needs and costs have risen, too. At many affordable housing properties, expenses exceed revenues and owners are now forced to feed budgets to cover costs. Rising operating costs add to the pressure. Insurance premiums are up 27.7%

Land 326
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How to Buy Multiple Rental Properties With Financing Options

The Close

Stabilize & Season Your Current Rental Property If you plan to finance multiple rental properties, start by stabilizing your current one. Lenders prefer to see fully stabilized properties when you’re looking for home equity loans or lines of credit. Zillow pulls its listing info from both MLS and other sources.

Finance 78
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Arrived Homes is riding the rising rental-property wave 

Housing Wire

Arrived Homes to date also has raised a total of $162 million in both venture capital and debt financing, including the $25 million raised this past May in a Series A funding round led by Forerunner Ventures. Frazier said Arrived Home’s niche is in providing all three of those to investors.

Investor 346
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Market Map: 240 Real Estate Technology Companies Transforming Today’s Housing Market

GeekEstate

For example, the Federal Housing Finance Agency (FHFA) recently announced its intention to continue accepting desktop appraisals for purchase loans beginning in early 2022. Expanding access to home financing options. More tools for homeowners to manage their largest asset.

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I Want to Buy a House, but It Needs Some Major Repairs. Is It Worth It?

Realtor.com

Many people go into homeownership hoping to see their equity grow over time — with the goal of passing that money onto their children or using it as a cushion in retirement. Sure, the property tax bill or utility rates may vary over time, but you won’t need to worry about a landlord jacking up the rent unexpectedly.