Your Dream, My Mission!

Funding that Pesky Down Payment

[Note from editor: We publish a Weekly Transmission for 200+ Geek Estate Mastermind members that consists of long-form articles covering the spectrum from shipping container co-living spaces to the battle for listing acquisition in the first iBuyer world war.

Below is a sample of one of the weekly long-form articles that members have full access to for only $109/quarter.]

Without further ado…

Funding that Pesky Down Payment

Originally Published: August 28th, 2019

We all know down payments are a barrier to homeownership. Renters are constantly annoyed that they are throwing cash away every month without building equity. They have few options, short of having $10,000—or even $100,000 depending on the market—stashed away for the down payment. Not everyone has “the bank of mom and dad” to rely upon.

“After a 30-year global property boom, millennials have become ‘generation rent’ as they struggle to buy a place of their own,” says Vuyo Radebe, a contributor for Quartz. However, it’s not all bad: the “feudal landlord-tenant relationship [that] has endured” for centuries is going by the wayside. Instead, “more and more landlords are starting to embrace a new model in which the “customer” (i.e. the renter)—not the landlord—is king.” The consumer is increasingly in the driver’s seat, not unlike the sales side of the industry.

What do they want? Ownership. Long term value. A better life.

There are a plethora of startups working on bridging this gap. Among them are LandisDivvyZeroDown (fresh off $100 million in debt capital from Credit Suisse), VerbHouse, and HausLanded helps educators in expensive markets. Cher pools pre-approved co-borrowers based on personal and financial needs. There is another swath of startups co-investing in homes already owned.

Although Loftium has pivoted into property management, offering rent savings in exchange for managing an on-site Airbnb, partnering with Digs to easily stash away savings into a down payment fund would be a boon for future home buyers.

All of them will work with you to put a plan in place to buy your dream home over the course of several years.

But what if you don’t know what your dream home looks like? What if it looks different in five years? What if you simply want to stop sending rent checks with nothing to show for in return?

Now there’s another rent-to-equity game in town.


Want to read the rest? Update your email settings to read the whole text version via email tomorrow.



There are four parts to membership:

  • Long form articles covering the spectrum from shipping container co-living spaces to the battle for listing acquisition in the first iBuyer world war (Weekly Transmission).
  • Curated real estate, startups, & built world links & analysis blended with out of the box ideas (Weekly Radar).
  • Special reports (our first is a category review of Small Landlord Prop Mgmt Software).
  • Networking opportunities with 200+ innovators from across the globe through the private forum & in-person gatherings.

Membership is $109 / quarter


  • We deliver an exclusive, objective lens into the trends, companies, people, and ideas shaping real estate technology with thought-provoking analysis and conversations that keep you inspired every week.
  • We help you make better, more well-informed decisions to help grow and support people and companies making a difference in real estate.
  • We enable discovery and meeting others with shared interests online and in person (whether they live near you or are traveling to the same conference).

We’re looking for the best and brightest founders, operators, innovators, & investors in the industry…


Apply for Membership

To receive the Monthly Transmission & Radar going forward, please ensure “Receive Monthly Radar/Transmission” is set to YES in your email settings. The full versions are NOT normally posted on the blog.

Update Settings

The post Funding that Pesky Down Payment appeared first on GeekEstate Blog.

 As an agent who's an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate here. It's not the same everywhere, so you need someone you can trust for up-to-date information. My background consists of a variety of talents & interests, from History to computers & Outdoor activities. On my free time you’ll find me golfing, hiking, tending to my Ranch, or spending time with my Family. I enjoy researching a multitude of subjects, music, real estate & web development, to name a few. My personal goal is to help my clients buy or sell to make their real estate dreams into realities. There is only one constant in real estate, service wins.   I am passionate about providing a level of service that stands out from the competition. Exceptional service doesn't necessarily mean working more hours, it means leveraging technology to work smarter. Finding out what best works for my client's needs.   There is no better feeling than helping a family find their perfect home.   Serving Cochise County and Beyond!!

Leave a comment