House Hack

House Hack

[Closed for Investment] House Hack is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker-Dealer. The company buys homes that are unlivable and renovates them into places people can proudly live in. House Hack makes cash offers on homes of all conditions and renovates them not for a quick flip but for rental. The company keeps its costs low and is, therefore, able to pay more for the properties compared to other flippers, like Zillow, Redfin, and OpenDoor. Kevin Paffrath founded House Hack in 2022. The current crowdfunding campaign has a maximum target of $75 million. The campaign proceeds will be used for acquisitions, renovations, software development, and talent acquisition.

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Investment Overview

Raised this Round: Raised: $15,012,820

Deal Terms

Platform
Dalmore Group
Start Date
09/15/2023
Close Date
Not Provided
Min. Goal
$10,000
Max. Goal
$75,000,000
Min. Investment

$10,000

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.00

Company & Team

Company

Year Founded
2022
Industry
Real Estate & Construction
Tech Sector
Proptech
Location
Ventura, California
Company Website
Visit Website

Team

Employees
1

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$12,050
 Runway
24+ months

Balance Sheet

Cash and Cash Equivalents

$3,089,331

Investment Securities

$19,238,636

Accounts and Notes Receivable

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$22,351,967

Long Term Debt

$0

Total Liabilities

$214,623

Total Stockholders' Equity

$22,137,344

Total Liabilities and Equity

$22,351,967

Statement of Comprehensive Income Information

Total Revenues

$0

Costs & Expenses Applicable to Rev

$0

Depreciation and Amortization

$0

Net Income

$-144,602

Earnings Per Share - Basic

$-0.01

Earnings Per Share - Diluted

$-0.01

Auditor: Dbbmckennon
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/01/2023 Dalmore Group - $15,012,820 Equity - Common Funded RegA+
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Add to portfolio
House Hack on Dalmore Group 2023
Platform: Dalmore Group
Security Type: Equity - Common
Price per Share: $1.00

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Follow House Hack on Dalmore Group 2023

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Warning: according to the close date for this deal, House Hack may no longer be accepting investments.

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