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Description
Ownify is an innovative program focused on fractional homeownership, aimed at making the dream of owning a home a reality for first-time buyers. By collaborating with investors, Ownify allows individuals to enter the housing market with as little as a 2% down payment, giving them a 2% equity share upon closing. This unique strategy effectively positions buyers as cash purchasers, enabling them to cover other essential upfront costs such as due diligence fees and earnest money, which enhances their competitiveness in the marketplace. Participants in this program, known as "Ownis," are required to make fixed monthly payments that are split into two parts: one part is allocated for acquiring additional equity in the property, while the other part addresses occupancy expenses like maintenance, insurance, and taxes. This framework facilitates a gradual increase in ownership for Ownis over time, allowing them to build equity at a steady pace. After a five-year period, Ownis typically find themselves owning around 10% of their home's equity, with the flexibility to either buy the remaining equity at its fair market value or opt to cash out and exit the arrangement. Ultimately, Ownify not only provides a pathway to homeownership but also empowers buyers to take control of their financial futures in a supportive manner.
Description
At Strata, we aspire to democratize access to high-yield, Grade-A commercial real estate investments, ensuring that the process is transparent and straightforward for every investor. Our innovative fractional investment model combines a fully digital investment experience with comprehensive management from start to finish. By utilizing both data analytics and real-world insights, we curate only the most promising investment opportunities for our clients. Throughout the investment journey, we uphold a commitment to transparency, providing detailed reports at every phase. We oversee the entire asset lifecycle, from acquisition to final exit, allowing investors to enjoy a truly hands-off experience. With Strata, the investment process is entirely online, eliminating the need for any physical paperwork, and enabling clients to invest and monitor their portfolios at their convenience, no matter where they are. Our dedication to clarity and efficiency ensures that every investor feels informed and secure in their investment choices.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Ownify
Country
United States
Website
ownify.com
Vendor Details
Company Name
Strata
Founded
2019
Country
India
Website
strataprop.com