Opendoor files for $300M 'property acquisition fund'

Paperwork submitted by the San Francisco-headquartered homebuying and selling startup reveals a new avenue for raising money

The offering differs from the sort of funding that Opendoor — a so-called “iBuyer” that uses technology to quickly buy and resell homes — has publicly filed for in the past, appearing to mark a bid by the firm to finance property purchases in a new way