Forbes' 2023 Home Equity Review Cites Hometap
August 8, 2023
Forbes Advisor has provided its annual update to home equity financing options, including Hometap and our peers in a 'co-investment' category providing alternative ways to flexibly tap into equity, alongside cash-out refinance, home equity lines of credit and other traditional products.
"Home co-investing, also called equity sharing or shared appreciation, allows you to sell a portion of your interest in your home to an investor and receive cash that you can use however you want," the publication explains. "That investor could be an individual, but more likely, it’ll be a company that either invests itself or connects you with investors," noting Hometap and others.