With real estate prices at record highs all across the country, owning a home is becoming more out of reach for first-time homebuyers. For millennials and Gen-Z, saving enough money for a downpayment has become a huge challenge, much harder than it was for their parents or grandparents. A huge problem like this calls for a creative solution.

Our next guest on the Fintech One•On•One podcast is Adena Hefets, the CEO and co-founder of Divvy Homes. They have created a unique pathway to homeownership by rethinking the much-maligned rent-to-own model. With Divvy, people can search for their dream home, and when they find it, make a compelling, all-cash offer on behalf of Divvy. Divvy will buy the home and then rent it back to them, with a portion of the rent payments being used to build equity.

Full episode notes are here: https://www.lendacademy.com/podcast-311-adena-hefets-of-divvy-homes/

Connect with Fintech One-on-One:

Tweet me @PeterRenton
Connect with me on LinkedIn
Find previous Fintech One-on-One episodes

#311: Adena Hefets of Divvy Homes