House Rich Cash Poor with Matthew Sullivan #256

Matthew is the CEO and Founder of QuantmRE, a company that solves a real problem for homeowners by helping them access a portion of their home equity without taking on more debt.

This new financing tool is not a HELOC, it's not a loan and it's not a reverse mortgage. That means homeowners can get cash from their equity with no interest and no monthly payments. Matthew and his team have helped over a hundred homeowners use their home equity to pay off expensive credit cards, remodel their home, pay college tuition fees, or diversify into other investments, all without taking on extra debt.

Matthew has a proven track record in real estate innovation through his experiences as Co-Founder of the Secured Real Estate Income Strategies Fund, and as President and Founder of Crowdventure.com, a real estate crowdfunding company.

We chat about:
• What does it mean to be 'House Rich and Cash Poor'?
• What are Home Equity Contracts and how do they work?
• How long have they been around and why haven't I heard of them?
• What are the major differences between a Home Equity Contract and a mortgage?
• Why would a homeowner take out a Home Equity Contract?
• Could Home Equity Contracts be the next biggest real estate asset class?

Connect with Matthew!
• Website: https://www.quantmre.com/
• Twitter: https://twitter.com/quantmre
• LinkedIn: https://www.linkedin.com/in/mattsullivanco/
• Facebook: https://www.facebook.com/Quantm.one/

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