Waltz is a FinTech-PropTech platform that simplifies the process of investing in U.S. real estate for non-U.S. citizens by providing a fully digital, paperless experience that includes document management, funding solutions, and property management services. The platform addresses the complexities and inefficiencies foreign investors face, enabling property purchases in as little as 14 days with a streamlined, all-in-one approach.
Funding
$24M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Non-U.S. citizens face significant hurdles when investing in U.S. real estate, including complex paperwork, funding challenges due to lack of U.S. credit history, and difficulties in managing properties remotely. Traditional processes are often inefficient, requiring extensive time and effort to navigate legal, corporate, and financial requirements.
Solution
Waltz offers a fully digital platform designed to streamline U.S. real estate investment for foreign nationals, providing an all-in-one solution that simplifies the entire process from initial purchase to ongoing property management and eventual sale. The platform facilitates the creation of an Investor Kit, including an LLC with an EIN and an FDIC-insured bank account, and offers competitive currency exchange rates and fee-free wire transfers. Waltz also provides access to financing options, enabling investors to secure loans up to 70% LTV, and digitizes the closing process, eliminating the need for physical paperwork.
Target Audience
The primary target audience consists of non-U.S. citizens seeking to invest in U.S. real estate for commercial purposes, including individuals, entrepreneurs, and investors from diverse countries worldwide.
Features
- Digital Investor Kit setup, including LLC formation with EIN and FDIC-insured bank account
- Streamlined currency exchange and international wire transfers with no payment fees
- Mortgage financing options up to 70% loan-to-value (LTV) for foreign nationals
- Digital closing process, eliminating paper-based documentation
- Property management services, including property manager selection, detailed reporting, and tax payment assistance
- Access to insurance quotes and assistance with property sales
- Mobile app-like platform providing a user-friendly experience