I’m asking for your help with a down payment for a multi-family house. My goal is to raise $20,000. I have $20,000 myself—so having $40,000 as a down payment would allow me to broaden my search into more desirable neighborhoods and generate more rental income. A donation from you in any amount will help me on my way!
A little about me: I am a divorced mother of two kids and share custody with their father. My daughter is 14 and my son is 11. I work professionally as a graphic designer but am always searching for creative avenues to get me out from behind a desk, challenge me, and allow me to learn new skills. Recently I have begun casting concrete countertops and tiles. I’ve cast countertops for myself several times—but the tiles are a new undertaking for me. Right now, I’m in the middle of a countertop job for a client, which has been an adventure.
Growing up I watched my father, a contractor, do everything from carpentry to electrical to plumbing—so I had a cursory knowledge of these areas. During COVID, in an effort to focus on anything other than the pandemic I expanded that knowledge by gutting two bathrooms, which necessitated working on both plumbing and electrical, entirely on my own. I also took the class to become a realtor and passed the test on my first try. I don’t plan to become a realtor, but it was fascinating to learn all the ins and outs of that business.
I’ve wanted to invest in a multi-family house since I moved to New Haven after college in 1998. Not only did I think it was a smart investment (especially in a college town), but I have always been passionate about anything related to real estate. I know many people who own multi-families in New Haven. They are all profiting from their investments and would be excellent sources for information, advice, and support for me.
The problem is that if I don’t do this soon the money will start disappearing. I’m admittedly not the best at saving money and between providing for my kids and working on my house I worry that I’ll find things that we need and before I know it, I’ll no longer have any down payment. This is partly why I want to invest in a multi-family—I want to invest in something tangible, that will increase in value and will provide a bit of extra money for those things my kids need without dipping into savings.
Every contribution helps me get closer to my goal, so I appreciate your time and your contribution!
Thanks so much!
Purpose: To increase my down payment for a multi-family house
Deadline: October 31, 2022
How to give: https://paypal.me/housefixer515