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Which homes qualify
Short answer
Splitero invests in single-family homes, condos, townhomes and 2–4 unit residences valued $200,000–$5,000,000. Manufactured and modular homes, vacant land, timeshares, houseboats, log cabins and properties on 5+ acres are excluded.
Pros
- Single-family detached homes
- Condos and townhomes
- Duplex, triplex and fourplex (2–4 units)
- Trust- or LLC-held homes (case by case)
- Some second homes / investment properties
Cons
- Manufactured or modular homes
- Log cabins
- Houseboats
- Vacant land
- Timeshares
- Properties on 5 or more acres
Occupancy rules
The home generally needs to be your primary residence when the investment closes. Reviews of Splitero's terms note that renting it out afterward is allowed, and some second homes and investment properties can qualify under additional criteria.
Value range
Homes must be valued between $200,000 and $5,000,000. With a 25% maximum, a $200,000 home caps out at $50,000 — right at the $50,000 minimum, so lower-value homes leave little room.
How Splitero values your home
A third-party provider sets the Initial Appraised Value — an automated valuation for straightforward homes, or a hybrid appraisal for complex or higher-value properties. That value drives both how much you can get and the starting point for your Split Percentage.
Maximum investment by home value
| Home value | 25% of value | Capped at |
|---|---|---|
| $200,000 | $50,000 | $50,000 |
| $350,000 | $87,500 | $87,500 |
| $500,000 | $125,000 | $125,000 |
| $800,000 | $200,000 | $200,000 |
| $1,500,000 | $375,000 | $375,000 |
| $3,000,000 | $750,000 | $600,000 |
Condos, multi-unit homes and trusts
- Condos: eligible; HOA dues and any special assessments should be current.
- 2–4 units: eligible residential properties; you'll typically need to live in one unit at closing.
- Trusts and LLCs: may qualify case by case — have trust or operating documents ready.
Don't qualify for Splitero?
No home equity, credit under 500 or outside Splitero's 17 states? A personal loan request doesn't need a home-equity stake.
Figures checked on November 6, 2026 against Splitero's published terms, its press releases and independent sources. Splitero can change terms at any time — confirm everything in your written offer before signing.
