*By Bridgette Webb* Real estate start-up EasyKnock recently closed a $3.5 million dollar funding round. Founder and CEO Jarred Kessler said Monday in an interview on Cheddar knows what he'll do with that cash. "We are looking to increase our marketing and our head count and our technology offerings," Kessler said. The company is also planning to partner with mortgage lenders to pay a referral fee for rejected customers. EasyKnock buys homes and leases them back to the previous owner at the market rate. That way, a customer can refinance or liquidate, and the company has a reliable tenant ー and a source of revenue. The homeowner maintains the option to purchase his or her home back. The company currently operates in five states: Texas, Georgia, Florida, Tennessee, and South Carolina. For full interview [click here](https://cheddar.com/videos/easyknock-lands-3-5-million).

Share:
More In Business
Stretching Your Dollar: Managing Your Money After Fed Decision
As the country watches the financial situation and monitors decisions from the Federal Reserve, many may be re-evaluating what to do with their money, with interest and mortgage rates at some of the highest levels seen in decades. Mark Hamrick, Washington bureau chief and senior economic analyst with Bankrate, joined Cheddar News to provide tips on your money management as monetary policy continues to change.
Load More