Online real estate investment platform Waltz Inc. has launched to provide foreign investors with a way to invest in and purchase residential real estate in the US.
The online investment platform is said to be available in the following statements: Alabama, Florida, Georgia, Maryland, Mississippi, North Carolina, Ohio, South Carolina, and Texas. Other states are said to be in the queue.
Waltz claims to have already received $100 million in applications to invest on the platform.
The service is said to enable an investment after a foreign individual finds a property in which they want to invest. They are then provided with identity verification and a Limited Liability Company (LLC) with an Employee Identification Number (EIN). Investors are then set up with a digital bank account in which they may receive rental income and pay property taxes.
Yuval Golan, founder and CEO of Waltz says you can already invest in anything with just a few clicks. The exception is US real estate.
“I wanted to make the process for non-citizens as straightforward and simple as possible to access this blue-chip housing investment market. Now, investors can just Waltz in, Waltz out, and they immediately start their journey of turning the wealth they built into the future they dream of, while we manage the compliance, legal, banking, and regulatory side of the process,” says Golan.
Financing is available up to 70% of LTV.
Waltz says it can also assist in connecting investors with a property manager, insurance, and a tax advisor and support selling when investors want to exit.
Waltz has received funding from TLV Partners and Aleph. Angel investors in Waltz include Ofir Ehrlich, David Krell, Talmon Marco, and Eyal Lifshitz. Waltz completed a Seed round in 2022 and a Series A in March 2024, totaling $24 million.