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The LA Realtor Podcast: Home Equity Sharing Made Simple - With CEO of Vesta Equity, Michael Carpentier on Apple Podcasts
The LA Realtor Podcast: Home Equity Sharing Made Simple
This week hosts Paul and Sara are joined by Michael Carpentier, CEO and Co-Founder of Vesta Equity, a new real-estate platform that allows property owners to tap into the equity on their homes without loans or debt. Michael walks us through this innovative investment design and shares how Vesta is able to connect homeowners who have clean titles with potential property investors from around the globe, allowing them the chance to build a portfolio in residential real estate. We discuss who is eligible for Vesta's unique marketplace both as property owners and investors, why the design might be particularly appealing to homeowners nearing retirement, and why it's important to have options in home equity that don't involve a reverse or second mortgage.
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