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Dec 14, 2019
3:08:46pm
Pasadena All-American
I guess I don't follow. The only actual fee is $20k. Most young professionals
can swing that.

They pay above market rent . .. is that what you mean?

Anyway, the business is targeted at people who have incomes to support mortgage payments but not enough savings for down payments to qualify for mortgages. In high COL states like California, that is a lot of people. Doesn't have to be for a $2 million house. it works for $650k houses too.
Pasadena
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Pasadena
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12/14/19 12:40pm
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