
Restt pairs you with an investor so you can buy and live on your home while only paying 50% of the mortgage cost.
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Home Owner
Lives in the property
Owns 50% of the property
Pays a mortgage for 50% of the value of the property.
Pays for 100% of all costs (Taxes, insurance, condo fees, maintenance, Restt fees, closing fees)
Upon selling, gains the appreciation on its 50%.
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Investor
Funds 50% of the property
Has title of 50% property
Upon selling, gets 50% of selling price before all costs.
Contract renews every five years
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Contract is renewed with the same terms .
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Home owner can buy Investor’s stake or can find another investor.
Alternatively, the property will be sold and each will get their appreciation.
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Investor can find another Home Owner that buys out the exiting one.
Alternatively, the property will be sold and each will get their appreciation.
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The property will be sold and each will get their appreciation.