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Vessel Tutorial
  • Pages
    • Introduction to Vessel
    • Tutorial of Math
      • Equity Sharing Percentage
      • Interim Home Value
      • Annual Income & Yield
      • Conversion to Equity
      • Owner-Caused Value Changes
      • Financial Model
      • Yield Percentage
    • Other Aspects
      • Legal Structure of Investments
      • Contract Length
      • Method of Securing Investment
      • What if Vessel fails?
      • Reselling Investments
      • Vessel's Fees
      • Benefits
      • Investor requirements
    • Comparison to Alternatives
      • For Homeowners
        • icon picker
          Second Mortgages
        • Selling Property
        • Point, Unison, Noah, etc.
        • Reverse Mortgages
      • For Investors
        • REITs
        • Real Estate Crowfunding
        • Buying Investment Property
Vessel Tutorial
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Second Mortgages
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Second Mortgages

Vessel investments are easier to qualify for, they’re more flexible with their payment requirements, they don’t involve principal pay-down so payments, even if made in full, would be much lower than mortgage payments, and homeowners get some downside protection in case their home value drops (they don’t lose money on the amount they sold, their annual payments go down, and the amount they owe during a sale goes down).
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