Weekly Update – October 17, 2024: Home Equity Loans, Bank of Canada Updates, and More!

Weekly update

This week, addy Co-Founder Steve Jagger shared key updates, including our latest hard money loan offering, upcoming Bank of Canada policy changes, and exciting new developments on the addy platform.

Product Line Updates: Expanded Opportunities

addy’s product offerings have grown! You’ll now find four investment categories on our platform: Equity Investments, Private Credit Investments, Hard Money Loans, and Real Estate Funds. These offerings provide more flexibility for investors, catering to various interests and risk levels.

We’ve hosted over 50 opportunities so far, including equity investments and more recent additions like private credit and real estate funds. Keep an eye on the platform for new deals coming soon!

Spotlight on Blair Capital

Our team recently sat down with Brad from Blair Capital, a Rockland, Ontario-based firm, to discuss their projects. Watch the full interview on our YouTube channel and stay tuned for more discussions with industry leaders like Brock from R2 Capital.

Home Equity Loans: New Borrowing Opportunities

We’re proud to announce that addy’s first hard money loan offering sold out in just 24 hours! Aimed at British Columbia homeowners, this offering targets those seeking loans of $100,000 to $250,000, secured by property equity. More home equity loan opportunities are on the way—apply today on the “For Borrowers” page if you’re interested.

Bank of Canada’s Upcoming Announcement

Mark your calendars for October 23rd! The Bank of Canada will announce its next monetary policy, with potential rate cuts on the horizon. Keep an eye on our updates to see how these changes could impact real estate investing.

Join Our Wednesday AMAs

Got questions about your addy account? Join our Wednesday morning Zoom calls at 8:30 AM (Pacific). These sessions are a great opportunity to ask questions, learn more about the platform, and get advice from the addy team. Check out the registration link in the show notes!

Stay Engaged with addy on Discord

Don’t forget to join our growing community on Discord. Whether you’re an investor, borrower, or just curious, it’s a great place to connect with addy members, issuers, and the addy team.

Stay tuned for more updates, and as always, feel free to reach out with questions. Happy investing!

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