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Awning Raises $9.3M to Help Individuals Invest in Single Family Homes

techcrunch.com

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Re: Awning Raises $9.3M to Help Individuals Invest in Single Family Homes

#16

Post by gailees »

shrig94 wrote: post #9
gailees wrote: post #6

How’s this different than Opendoor?

Hi there -- Shri, founder of Awning, here. Opendoor helps sellers of primary residences sell their homes without putting them on the market. They also help individuals buy primary residences that they've purchased. We're helping individuals buy Single Family Homes as rental properties from the market, helping with all aspects of purchasing and managing rental. When you work with Awning, you're assigned an Awning Advi…

wow. thats dope.

and can the rental properties you purchase on awning ever be converted into your own residence or is this strictly for buying RE that will have a yield for you?

Re: Awning Raises $9.3M to Help Individuals Invest in Single Family Homes

#17

Post by shrig94 »

gailees wrote: post #16
shrig94 wrote: post #9

Earlier quoted context omitted.

Hi there -- Shri, founder of Awning, here. Opendoor helps sellers of primary residences sell their homes without putting them on the market. They also help individuals buy primary residences that they've purchased. We're helping individuals buy Single Family Homes as rental properties from the market, helping with all aspects of purchasing and managing rental. When you work with Awning, you're assigned an Awning Advi…

wow. thats dope. and can the rental properties you purchase on awning ever be converted into your own residence or is this strictly for buying RE that will have a yield for you?

Yes, they can. You own the home outright and can do whatever you wish with it after you a purchase!
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