Application YC di Accept.inc (formerly BoardRE)

Winter 2019Acquired

Accept.inc (formerly BoardRE) ha partecipato a Y Combinator nel batch Winter 2019 come azienda Fintech. Sotto: cosa fa l'azienda, chi l'ha fondata e la sua application a YC, ricostruita domanda per domanda nel form reale di YC.

Batch YC: Winter 2019
Settore: FintechCredit and Lending
Dimensione team: 80
Stato: Acquired
Lanciata: 2021

Founder

Thom AdamsFounder
Nick FriedmanFounder
Adam PollackFounder

Cosa fa Accept.inc (formerly BoardRE)

In a transaction powered by Board, sellers and agents are doing business with Board -- not the buyer. We act as an intermediary buyer of a home, using our cash to buy homes for the 80% of homebuyers who need and qualify for a mortgage. By removing the lender from real estate transactions, sellers and agents to close in as little as 2-3 days and buyers can lock-in their homes of choice at the best possible price before closing on their mortgage. With Board, buyers can "Buy Now. Mortgage Later" so everyone can have a cash deal. We differentiate ourselves from others in the "iBuyer" market by allowing anyone to have an all cash deal as opposed to buying, fixing and flipping properties for ourselves (e.g. Opendoor, OfferPad...etc). Board works directly with national lenders to evaluate the creditworthiness of buyers upfront and will use a short term credit facility to facilitate the purchasing of homes.

Application YC di Accept.inc (formerly BoardRE), ricostruita

Domanda per Y Combinator

Accept.inc (formerly BoardRE), batch Winter 2019. Le vere domande del form, risposte da dati pubblici.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Accept.inc (formerly BoardRE)

Describe what your company does in 50 characters or less.

BoardRE upgrades mortgage offers into all-cash deals

What is your company going to make? Please describe your product and what it does or will do.

We built a platform that buys homes in cash on behalf of buyers who still need a mortgage. The seller and agent transact with us, the buyer locks in their home at the best price, and closes fast while we arrange mortgage financing later. This removes lenders from the equation upfront and lets buyers buy now and mortgage later.

Where do you live now, and where would the company be based after YC?

We live and work in Denver, Colorado, and the company is based here.

Explain your decision regarding location.

Denver has a growing tech and real estate market that suits our fintech and real estate focus. It's where we live and work, so building the company here is natural and cost-effective.

21 risposte in più nell'application completa

Founders, Progress, Idea, Equity, Curious, Batch Preference sono nella versione completa. Crea un account gratuito per aprirla in YC Insights, accanto a ogni altro batch YC.

Vedi domanda completa

Domande Frequenti

Questa è l'application YC reale di Accept.inc (formerly BoardRE)?

No. Y Combinator mantiene private le application inviate. Questa è una ricostruzione: le domande del form YC reale, a cui si è risposto usando i dati pubblici di Accept.inc (formerly BoardRE) (note di lancio, background dei founder, descrizione del prodotto). Mostra come un'azienda come Accept.inc (formerly BoardRE) si presenterebbe a YC, non il testo che hanno inviato.

A quale batch YC apparteneva Accept.inc (formerly BoardRE)?

Accept.inc (formerly BoardRE) apparteneva al batch Winter 2019 di Y Combinator.

Chi ha fondato Accept.inc (formerly BoardRE)?

Accept.inc (formerly BoardRE) è stato fondato da Thom Adams, Nick Friedman, Adam Pollack.

Cosa fa Accept.inc (formerly BoardRE)?

BoardRE is a new type of mortgage company that upgrades any offer…

Come leggo la ricostruzione completa della application?

Crea un account Round Funded gratuito. La versione completa di 26 risposte della application di Accept.inc (formerly BoardRE), e di ogni altro batch YC, è in YC Insights.