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You can buy with a little help from your friends and family.

Download our Free eBook today to find out how investing in Brix can achieve better returns than direct property ownership.

How do does funding through the “Bank of Family and Friends” work?

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The “Bank of Family and Friends”

Did you know the big 4 banks in Australia collectively made $32Billion in 2023 from the interest collected from property owners?

Your Family and Friends become the Bank

How do you purchase a property with the help of your family and friends?

You start by registering your interest with MyBrix and after a detailed consultation you reach out to your family and friends via social media, email, text as well as word of mouth to let them know about you’re your funding project. They express their interest in participating and indicate how much they can participate with, sort of like “go fund me”, for your property ambitions. 

Once you reach your target amount, your family and friends will be invited to create MyBrix accounts and undergo identification and once their account is created fund their account and buy Brix (fractional interests) in your future property. At this stage no funds are released to you, they are held in the accounts of your family and friends until the purchase of your property is complete.

Register your interest in buying a property through social funding

Imagine a mortgage that has no interest, no repayments and no bank, with no serviceability or credit checks, whilst you still retain ownership.

Consultation with our experts to map out how Social Funding can work for you

Imagine investing in the best house in the best street at up to 15% below the market value with no acquisition or holding costs

Don't be stuck in the old way.

The market is changing and new ways are challenging the traditional ways. If you are not adapting and changing with the market you might be left behind.

Worked Example of Social Funding

A homebuyer consults with MyBrix and specifies the maximum amount they want to spend on a property. The total amount needed for the purchase and all fees and charges including stamp duty and MyBrix fees is calculated less the amount of deposit they have.

If they want to buy a property worth (say) $900,000 and have a deposit of (say) $100,000, the total funding needed for the purchase will be $800,000. To cover all the fees and charges a 10% will be added to the fund raise.

The Value of the purchase will then be $980,000 ($900,000 for the property and $80,000 in fees and charges)

The price of each Brix your family and friends pay will be $980,000 divided by 10,000 this becomes the Brix value of $98 each. This means of the 10,000 Brix you will initially own 1020 Brix and your family and friends 8,980 Brix.

Invest In Brix to Achieve Your Goals Sooner

Investors in MyBrix can start with as little as $1,000, but if you are saving for a specific goal, you will want to put in more on a monthly basis, lets assume you were to invest $5,000 every month in Silver Brix (rental receipts each month) instead of a Savings account with a nominal interest rate of 4%.

  • Bring Your Own Property (BYOP)
  • Fractionalise into 10,000 Brix
  • Investors Purchase Discounted Brix
  • Distribute Brix as a Derivative
  • Investors & Owner Share

Bring Your Own Property (BYOP)

Home rent anywhere in Australia

Fractionalise into 10,000 Brix

$1,000,000 valuation Each brix = $100 (undiscounted)

Investors Purchase Discounted Brix

Home rent anywhere in Australia

Bring Your Own Property (BYOP)

Home rent anywhere in Australia

Bring Your Own Property (BYOP)

Home rent anywhere in Australia

Invest In Brix to Achieve Your Goals Sooner

Investors in MyBrix can start with as little as $1,000, but if you are saving for a specific goal, you will want to put in more on a monthly basis, lets assume you were to invest $5,000 every month in Silver Brix (rental receipts each month) instead of a Savings account with a nominal interest rate of 4%.

Achieve the growth of underlying properties as well as rental yields with no acquisition or holding costs as well as amplify your investments by up to 10% through Silver Brix discounts.

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