Homeowner story: Meet P.K.

P.K. from California had dreams of opening a child daycare center — and he wanted to leverage the large amount of equity tied to his home to do so. After comparing traditional equity products, he quickly realized that the monthly payments required would offer him little protection against unplanned expenses. 

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Point’s Home Equity Investment (HEI) offered P.K. the security he was looking for. Without the burden of monthly obligations, he had enough of a financial buffer — and peace of mind — to kick-start his venture. 

With the funds from his Home Equity Investment, P.K. navigated the year-long process of obtaining licensures and establishing the daycare center, which officially opened its doors in July 2023. Within three months of operation, they began experiencing a positive cash flow, showing a promising start for the business.

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With his business doing well, P.K. feels he’s on track for the best financial years of his life.