1. Need help assessing if real estate investing is right for you? Take this assessment.
As with any investment, you’ll want to carefully consider the risks, rewards and your financial suitability prior to making the asset a part of your portfolio. This is especially true of real estate investing. This brief assessment will help both you and HomeRoom evaluate if this is a good fit for all involved. Helping you reach your financial goals is important to us!
2. Let’s get to know each other.
Once we have a preliminary picture of your goals and financial suitability, we’ll schedule a call to answer your questions, talk through our working relationship and clarify expectations for both sides.
We understand this step takes each investor a various amounts of time to get to know us and get comfortable, so we’re more than happy to do a follow up call (or three!). Use the button below to schedule an additional call with our team at any time.
3. Get a Lender & get started.
Once you’ve decided to move forward, you’ll need to get pre-approved by one of our preferred lending partners, or a lending partner of your choice. Upon completion of both, we’ll begin sending you carefully vetted HomeRoom opportunities that meet your financial goals.
4. You’re on your way to joining HomeRoom.
We typically onboard two new homes per market to the HomeRoom platform. Because of this, if a property interests you, please notify us ASAP so we can answer any questions, help you conduct your analysis, and place an offer on your behalf quickly. At this stage, we’ll do everything we can to negotiate the best deal for you, facilitate a rigorous inspection process, and get it closed quickly (usually in 30-45 days from initial offer).
5. Close & house set up.
Congratulations! You now own valuable property in a prime US investment market. Over the next 60 days, HomeRoom will work diligently to make it just right for our young professional tenants. On day 76, payment will begin on your (up to) three year lease with us. Typically our first payment will coincide with the final due date of your first mortgage payment.
It’s now time for us to say, “Thanks for partnering with HomeRoom,” and for you to relax and let us take excellent care of your valuable investment from here.