Question 1

This sounds like a great model to help people buy a home, with home affordability out of the equation.  There are a few real estate companies also doing crowdfunding (Arrived Homes, Nada, Elevate Money, Jurny), can you share your opinions on the competition since&nbs...

Accepted Answer

Thanks for your support and question. To answer your first question, we are focusing on connecting buyers with banks with a low-interest rate loans as the high-interest rate economic conditions are certainly having a negative impact on real estate markets, and that is not a secret. All real estate firms and platforms are negatively impacted by the current environments. Any real estate firms saying they are not impacted are either having a very unique model, they are operating conservatively, ...

Question 2

California has a program called California Dream for All. Can you explain the differences and similarity of this program to equity sharing ownership? Have you thought about offering something similar?

Accepted Answer

Thanks for your question. The California Dream for All is a state program that provides down payment assistance. For example, a buyer only needs to put down 5% and the state puts down 15%, and the buyer goes to a bank that collaborates with this program to get a mortgage. When a property is sold, buyers just need to share 15% of the property appreciation. Obviously, the benefit for homebuyers is only 15% of equity is shared with the program. The biggest issue right now is the high-interest ra...

Question 3

Like the idea of sharing ownership to help buyers; it makes lots of economic sense. But I do have a question. There are many fintech and real estate startups backed by VC's and well-known investors on Wefunder. It looks like your firm is not supported by them. Can you help und...

Accepted Answer

Thank you for this great question, and I am glad you asked as it provides an opportunity to exchange ideas on this point. Please note that this is my own opinion and certainly subjective. To answer your question, it is a bit puzzling to me why startups that raised substantial money and backed by well-known VC's are raising on the crowdfunding platform. If those firms have raised millions of dollars in company funding from big names VC's and high-networth investors, their best use of the money...

Question 4

I've read through a lot of your materials (here and on Zeehaus.com), but maybe I'm missing something. Let's use the "Payment Comparison" example on your website, with the hypothetical $1M property. The Owner is responsible for their equity portion (5%) of property insurance/ta...

Accepted Answer

Thanks for your questions. The buyer/owner pays the rest of expenses. The key benefits of our model are (1) more affordable monthly payment versus a traditional mortgage as the owner should be able to buy the property outright from investors in 10 years or less, especially in today's high-interest rate environment (2) lower out-of-pocket costs with 5% equity, and (3) In addition, equity sharing offers additional flexibility such as selling a portion of homes at a much lower costs. Buyers...

Question 5

How much per share? where can i find the doc filed with the SEC?

Accepted Answer

Thanks for your question. The exact price per share is $1.0765 (without factoring any bonus shares). The SEC form can be found in this URL: https://wefunder.com/zeehaus/form_c Regards, Justin

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