The Burn Your Mortgage Podcast: Hope is Not Lost for Homeownership – Creative Options for First-Time Homebuyers with Alex Kjorven

Alex Kjorven is a CPA, CA and Chief Product Officer at Ourboro. Ourboro is a private, Toronto-based company dedicated to providing access to homeownership through co-ownership. Ourboro co-invests up to $250K towards a buyer’s down payment, purchasing a share in the future value of the home. Once they are in their home, additional programs, such as maintenance check-ups and renovation credits, are available to co-owners to help preserve and increase the home's value.

In my interview with Alex, we discuss:

1. Barriers to homeownership
2. Shared Equity to break into the market
3. Co-owning the home with an investor