Homeownership as we've known it has changed. What used to be an integral part of the American Dream, or at least a check mark on the way to adulthood, is now well beyond reach for many of us. And nobody bears the brunt of the current housing crisis more than young folks, who, compared to their parents and grandparents, find themselves saddled with more debt and in possession of fewer assets.
But it doesn't have to be this way.
At ZeroDown, we're driven by the radical idea that professionals with steady jobs and healthy finances should be able to afford homes - even in San Francisco. That's why we've come up with an alternative to the rent-or-own dilemma, offering the benefits of homeownership with the flexibility of renting.
Beyond helping you build wealth, partnering with ZeroDown comes with a range of advantages. We never lock you into a commitment to buy, minimizing your financial risk while giving you time to decide on whether you'd like to purchase your ZeroDown home. We also don't ask you for a down payment (hence the name ZeroDown!). This frees up your money for other investments and opportunities so you can keep building financial security. Lastly, we even offer a white-glove concierge service and access to other home-related resources to make your life easier as a ZeroDown resident.
The housing market has changed, so why should our approach to it stay the same?
Zerodown was founded by Abhijeet Dwivedi (Previously COO and CSO at Zenefits, McKinsey), Hari Viswanathan (Previously Staff Engineer at Zenefits) and Laks Srini (Previously Co-founder and CTO at Zenefits, SigFig and D. E. Shaw & Co). The three founders worked together at Zenefits -- which processes $2B+ a year in payroll for SMBs, provides access to healthcare and insurance for 100,000+ employees and serves more than 10,000 SMBs.