OVERVIEW OF HABIBI COIN
What is HabibiCoin?
HabibiCoin is an asset backed token, all the proceeds are invested into real estate to back the coin providing stability compared to non asset backed tokens. An asset backed token is a far more stable investment compared to others. Check out our video by clicking on the link below.
Habibi Coin is a community solution to help its members participate in fractional real estate ownership without having high incomes, credit scores and co signers. The average person can never be a home owner or real estate investor due to strict pre requirements from lenders.A significant portion of the market is underserved.
Habibi Coin aims to create equal opportunity for anyone to participate in real estate. We focus on government backed projects, developments with large scale reputable developers with extensive track records, housing societies, new towers and multiple other areas like commercial, flipping, fixing, leasing, pre sales, Airbnb’s and more.
75% of all funds raised go towards building a thriving real estate portfolio in a global market so it is diversified across great projects all around the world and less exposed to a domestic downturn in any one area. 25% of all funds raised goes towards tackling homeownership challenges like interest bearing debts and mortgages. The average life span of a mortgage is 25–30 years with initial payments being 80% interest and 20% principle.
As you pay the debt down the ratio changes to 60% principle and 40% interest. On an average $200,000 dollar mortgage you end up paying 3 times the cost in interest alone over its life span. Habibi Coin works with home owners to assess their situation, mortgage product and circumstances. Once approved it then buys out the mortgage in full essentially becoming the lender. All interest is removed from the equation completely. The home owner ends up paying 80% of each monthly payment directly towards the principle debt.
Web: https://habibicoin.io/
Bitcointalk: https://bitcointalk.org/index.php?topic=3278343.0
Group Airdrop & ICO: https://www.facebook.com/groups/174689159952121/
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