Own any properties? Before you say it's too expensive, meet Vietnam's Homebase. The proptech startup helps people easily afford properties through easy monthly payments regardless of income or nationality.

• It just raised $30M in an equity and debt deal.
• It can take more than 20 years for millennials to save up for their dream homes.
• SEA is the fastest-growing real estate market.

Big names. It's the first Vietnamese company backed by Y Combinator, and YC's CEO, Michael Sibel, cashed in too. Other executives from Divvy Homes, ZeroDown (both operate a similar model in the US), SoFi, Instacart, Microsoft and Binance, as well as other institutional investors, joined the round.

🧐 How it works?

Buy your dream home. Pick your dream property, and Homebase will co-invest and buy the property with you. (We all know mortgages suck, so all Homebase asks you for is a minimum 20% downpayment.)

• Pay a fixed amount to Homebase monthly, or buy out Homebase's share early if you've got the cash.
• If you change your mind, you can cash out your savings and walk away.
• Move in, renovate or rent out the property right after. Even if Homebase co-invests with you, it's yours — you've got all the rights.

Sell your property in 72 hours. If you're looking to make some $$$, Homebase can buy your property and pay you in cash in 72 hours. Forget the agents, renovations, listings and showings.

• Just fill out Homebase's form, get the offer and cash, then move out!

🚀 What's next?

Homebase wants to turn the 100-step paperwork-filled process of buying properties into an all-online one-stop process.

• It's even looking to build valuation tools to help people check the value of their property.

See you soon. It is currently expanding into more cities in Vietnam, and it's hitting the rest of SEA next. (The Philippines and Thailand, we're looking at you! 😉)