Nestmentt

About the offering

Making Homeownership Possible for Gen Z and Millennials Solving Home Affordability is One of the Largest Opportunities: As of Nov 2024, the percentage of first time home-owners hit a record low of 24% of all homes (down from 36%) and the average age of a homebuyer was 56 (CNBC). A product of 50 years of increasing home prices while wages remained stagnant have created a market that feels unaffordable despite the fact that 75% view home ownership as more important than marriage, kids, even career. Over 86% of renters (109M) would like to buy a home (94M) with over 50% of those being capable of buying if they had creative solutions like co-buying or house hacking (60M). We Are Bringing House Hacking to the Mainstream Outside of forums and small investing clubs, there aren’t consumer tools available to access house hacking opportunities. Niles had to create his own spreadsheets, agreements, borrower strategy, and navigate co-buying on his own. Super cumbersome and time-intensive if you are starting from scratch. Co-buying with friends/family, buying a multi-family home, renting out units, and receiving family assistance are becoming critical pathways to afford a home. Nestment has Productized House Hacking for Gen Z and Millennials Why Homebuyers Love Nestment TLDR: Data + Humans guiding you through the entire buying process. We aren't an agent and we aren't a lender, we are like a wedding planner for buying a home. We are in the buyer's corner and give them confidence to navigate a scary world of lending, taxes, legal, financial analysis, and more. We are obsessed with making the outdated real estate industry more approachable and easier to navigate. Our buying planners are there to answer questions, create your roadmap, make introductions, and simplify confusing processes via text and email. Deep data distilled to be simple and consumable. In conjunction with a buying planner, we use industry-leading data science to paint the most accurate picture of a market and listings so homebuyers have a clear, reliable foundation to make early decisions that often trip up many first-time buyers. Why We're Doing This - A Note From Our CEO At Nestment, our goal has always been to build a generational company that would ensure the largest majority of Americans could benefit from the generational wealth of homeownership. At the core of co-buying and house-hacking is the core principle of building wealth and building community. We were also inspired by so many of our customers, partners, and networks asking if they could invest, it only seemed right to ensure we could open a community round and partner with WeFunder. We already see this trend becoming a movement but with your partnership, we’ll bring this movement mainstream. We Are Delighted to Invite Our Customers to Invest in Our Community Round Alongside These Awesome VC Investors

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