BUYORRENT is a personal financial tool to entrust crucial financial decisions such as BUY or RENT property.
Our mobile app allows you to evaluate your financial position without professional help instantly. The app connects to your banking apps, extracts an individual’s financial data, creates personal balance sheets and income statements and assesses your financial position using AI-powered technologies.
One of the key innovative features is an immediate real-time comparison of the BUY or RENT option for first-time buyers and amateur Real Estate investors when a detailed conclusion is prepared in seconds and helps make educated decisions fast.
Our app will also lead you through the mortgage process providing comprehensive PDF reports with pre-assessment, budgeting and analytical solutions. It will help you to compare different scenarios and make a rational, smart decision.
BUYORRENT is a great pre-assessment tool that can determine your financial situation and offer customizable solutions. Generally, the apps and only calculators start by asking users to give information about the basic parameters and then provide more options if the user has available data. BUYORRENT wants to automate this process by collecting your financial data from banking applications.
Data synchronization with banking applications automatically updates your financial position and notifies users about any changes and future steps to reach their financial goals.
BUYORRENT considers a series of basic parameters.
supply and demand, market growth, type of property
purchase price, down payment, closing costs, loan charges, appraisal fees, etc.
mortgage interest deduction, standard deduction, property taxes