INSUBCONTINENT EXCLUSIVE:
The company is founded by Gray Stern, who previously co-founded London-based Buy to Let mortgage lender Landbay, and so knows at least a
thing or two about investing in property
required deposit, and Dot will acquire and manage the property on your behalf, advancing 70 percent of the purchase price in the form of its
In addition, the property is furnished and Dot takes out buildings, contents and rent guarantee insurance
After those expenses, you receive monthly rent from the property, minus management fees and interest paid on your Dot mortgage.Technically,
theory a Dot Container can move from owner to owner without conveyancing, and can be refinanced without requiring new mortgage documents
Alternatively, the property can be put on the open market
hold any suitable property
The agent can then offer Dot as a payment option (via the embedded Dot Button), turning their previously static listings into turnkey
pre-approved mortgage, insurance, legal/conveyancing, tax compliance and reporting, lettings and management, furnishings and everything else
required to turn that property into a compliant, well-managed and good-looking rental home
round from Stage Dot O, an L.A.-based venture-build firm run by Roofstock co-founder Devin Wade and ex hedge fund manager Mike Self.
