Mon, 20 April 2020
Jason Hartman speaks with Matthew Sullivan, founder & CEO of Quantm Real Estate, about how his company is using blockchain and tokens to help homeowners pull equity out of their homes (whether owner occupied or investments). Matthew uses a few case studies to explain how much money you could extra, what you would owe his company, and how the secondary market works for the equity stake his company receives.
[2:10] Matthew's company allows you to get equity out of your house without taking out another loan with a bank by buying some of the future value of your house
[5:07] Case study: How much can you pull out if you were to have a $100,000 house with a $50,000 mortgage?
[11:22] Why Quantum Real Estate goes through the hassle of creating a REIT and tokenizing them equity share
[16:05] The effective "interest rate" for homeowners who realize their equity
[20:15] Quantum Real Estate revalues their portfolio every 3 months so the secondary market can trade