Home Ownership Within Reach

 

Explore
Co-Ownership
BuyAssist Transaction Flow

User Onboarding

  • User Action: “Steve” downloads the BuyAssist app (Android/iOS/Web).
  • Input Data: Steve enters his financial profile.
    • Income: $50k/year.
    • Savings: Limited.
  • The Obstacle: The cheapest home in the market is $400k. Steve only qualifies for a $200k mortgage (4x gross salary).
  • Result: Steve is $200k short.

The Solution

  • System Action: BuyAssist algorithm searches the database.
  • The Match: The app pairs Steve with a verified Investor (Individual, Fund, or Bank).
  • The Proposal:
    • Total Price: $400k.
    • Steve’s Share: $200k (50%).
    • Investor’s Share: $200k (50%).

Execution

  • Purchase: The property is bought jointly. The Investor holds a secured interest in the property.
  • Monthly Action:
    • Steve lives in the home.
    • Steve pays the investor monthly (if the investor holds the mortgage) at fair market rates.
  • Fees: A transaction fee (e.g., 1%) or finder’s fee is paid to BuyAssist.

Lifestyle and Operational Benefits

  • Scenario A: The Upside (Sale)
    • The home appreciates and is sold for $600k.
    • Steve gets: $300k.
    • Investor gets: $300k.
  • Scenario B: The Buyout (Refinance)
    • Steve’s financial situation improves. He wants full ownership.
    • Steve refinances to buy out the investor based on the current appreciated market value (Original investment + compounding interest).
  • Scenario C: The Protection (Downside)
    • The home sells for $300k (a loss).
    • Investor Priority: Investor gets their original $200k + interest factor first.
    • Steve: Receives the remaining balance.
Learn More

BuyAssist your next home!

BuyAssist, available on Android, iOS, and Web.  Make housing affordable again.