What types of property are eligible for a Point home equity investment?
Point invests in most types of:
- single-family residences
- properties with 1 to 4 units
Title to the subject property can be held by individuals, in trusts (subject to approval), and by LLCs (subject to approval).
Unfortunately, at this time, Point cannot invest in:
- manufactured homes
- mobile homes
- modular homes
- properties with 5 or more units
- tenants-in-common (TiC) properties (unless the members of the TiC are immediate family members)