What Patch offers instead is to take a piece of your home equity (currently limited to $250k maximum) and sell the upside on it to a investment fund. Note that I said upside. This is effectively a call option on the equity not a full transfer of that equity. That makes things a lot simpler in many of the scenarios that could arise.It's an interesting idea, ideally suited for real estate because of the maturity of real estate law, and possibly applicable to other assets down the road (or by other startups).
Sleep is a topic for another day :)