Bonus Homes has launched operations in Greater Phoenix, coinciding with the region's tech ecosystem growth. The company introduced the Home Appreciation Partnership, allowing homeowners with sub-4% mortgages to access their home equity while retaining ownership. This program enables them to capitalize on future appreciation without selling their property. With a $20 million portfolio built since the pilot phase, Bonus Homes aims to manage 10,000 homes in various markets, focusing on properties in the $300,000 to $500,000 range.
The Home Appreciation Partnership (HAP) allows participants to cash out their home equity as if they sold while also sharing in future appreciation.
Most homeowners have to sell their home every time they need to move, forcing them to give up their most valuable asset and miss out on wealth creation.
Bonus Homes has already built a $20 million portfolio since emerging from pilot late last year and plans to scale to 10,000 homes under management.
The company's entrepreneurial spirit and drive to help the community matches the makeup of Greater Phoenix's growing startup ecosystem.
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