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Startup Offers Home Buyers Option to Buy Without a Mortgage


    An L.A. based startup called Fleq is launching a new product in Pittsburg, which allows home buyers to purchase a property without a mortgage down payment. Instead, buyers, as they pay down their loan, they receive shares in the home and will own it outright once the property is paid for.

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    Posted by Jeffrey Richmond
    Mr. Richmond recently retired from the Aerospace industry as a technical writer and continues to write and research on a variety of topics including aviation and aerospace business. He spent a tour of duty as a pilot and instructor in the US Air Force, flew for a regional airline, and taught at two aviation universities. Jeff and his wife Peggy live in the country between Chattanooga and Nashville, Tennessee.