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Hi,
I was told about this crowd,I did research and on there web site and after speaking to a consultant are answers to questions.How do they get paid ?
They say that they may make margin in four places, 1. Initially in trade the property
2. Upfront OPtion fee from a Buyer tenant
3. Payments collected V’s Payments made to owner
4. Margin in the agreed price paid by the buyer/tenant, and amount paid to property owner.If growth is not as high as agreed ?
If the growth is not there they are working on modifying their system to allow the buyer tenant
the automatic right to extend the option to buy for another 3 years, allowing more equity credit to accumulate and thus possibly refinance in the future.How easy to get Finance ?
They say they work with a broker, who does finance based on repayments made in the Katalyst System. They say that they acheive a return of some 7 – 8 % based on the fact that the buyer/tenant pays all outgoings except for building insurance and Landlords Insurance.
any way seems ok will look deeper !