Granting Their Dream: Keeping Aging Parents Close

Fatima Ahmed
is organizing this fundraiser.
800 Cortelyou Rd APT 6C, Brooklyn, NY 11218
Created
January 10, 2023 3:03 PM
Closer to Family
$142,500
raised of goal
$475,000
28
Investors
Join the Waitlist
Monthly Residency Payment:
3239
Initial Investment:
Price Per Share:
Total Shares:
10000
Fatima Ahmed

Salaam! 

I'm Fatima Ahmed, a New Yorker deeply rooted in my Islamic values and the strong bonds of family. As life moves swiftly around me, I find myself facing a dilemma that many in our community can relate to – how to care for my aging parents while upholding the essence of our faith. Join me on this heartfelt journey as I strive to honor their years of sacrifice and love, all within the framework of Islam's guiding principles.


The Beginnings:

Growing up, my parents instilled in me the importance of family and the value of caring for our elders. But as the years pass, I find myself in a challenging situation. My parents are aging, and their health is becoming more delicate. They deserve the best care and comfort, and I long to be by their side, ensuring their golden years are filled with happiness and tranquility.


The Vision:

My vision is to create a loving and nurturing environment for my parents where they can age gracefully, surrounded by family and the familiar embrace of their home. I want to provide them with the care they need without compromising on our faith's principles, ensuring that every decision I make is rooted in Islamic teachings.


The Quest Begins:

With determination and faith, I embarked on a journey to find a solution that aligns with my values. I explored various options and came across Dyur's platform, which offers Sharia-compliant home equity crowdfunding. This resonated with me, as it allows me to fundraise and receive support from our community to ensure my parents can age in place while maintaining the barakah in our wealth.


Your Role:

This journey isn't mine alone; it's a path many of us are navigating. By joining hands, we can ensure that our aging parents receive the care they deserve while staying true to our faith. Your support on this crowdfunding platform isn't just a financial contribution; it's a way of showing that our community stands together to honor and uplift our elders.


Why It Matters:

Imagine a future where our elderly parents are surrounded by love, care, and familiarity, without the worries of interest or financial burdens. Through this platform, we can create a legacy of compassion and faith, ensuring that our parents' twilight years are marked by the blessings of Allah and the unity of our community.


Join My Quest:

I invite you to be a part of this beautiful journey – a journey that encompasses love, faith, and the unwavering bond of family. Together, we can make a difference in the lives of our aging parents, fostering an environment that reflects the teachings of our faith and brings joy to their hearts.


Conclusion:

From the depths of my heart, I express my gratitude for considering this path alongside me. Every step we take, every contribution we make, is a step closer to fulfilling our duty as children and believers. Let's weave a tapestry of compassion and care, where the values of Islam shine brightly in our actions. Join me, and let's build a legacy of honor and love for our aging parents.


Jazakallah khair,

Fatima Ahmed

Features:

J4 That was converted into a two-bedroom.

This oversized apartment is exactly what you are looking for. Priced to sell, recently had a make-over, so you can move in without doing anything.

The coveted building is conveniently located on Cortelyou rd, an equal distance from Q & F trains. Close to many great restaurants, the food co-op & bi-weekly food market. You'll have a live super, laundry, bike storage, and an elevator.

Enter this apartment straight into the living area; no wasted space, Ample room for dining, sill leaving a full-sized living room. The kitchen is bright with lovely white cabinetry, matching countertops, and appliances, including a dishwasher. You can open up the wall and add more cabinets & bar counter if you like.

The bathroom has white subway tiles. Main Bedroom can fit any king-sized set, and the second bedroom is great for a twin bed or home office. Lots of closet space throughout, including a massive walk-in by the entrance. You can have two hole-in wall ac units, so there is no need to place them in the window.

Total Investment Value
Home Cash Price
475000
Closing costs
Upfront LLC fees:
500
Dyur listing fee (6%)
Annual gross rents
Property taxes
Homeowners insurance
2205
Property management Fee (8%)
Annual LLC administration and filing fees
500
Annual cash flow
Monthly cash flow
3239
Why New York?
Here are the latest trends in the NYC real estate market as well as the statewide market. A prolonged scarcity of properties on the market, along with high prices and high mortgage rates, continues to impede the New York housing market. According to the housing report released by the New York State Association of REALTORS®, the number of properties for sale declined for the 37th straight month in year-over-year comparisons, while mortgage rates remain more than double what they were at this time last year.

The number of available properties for sale fell by 12%, from 40,321 in November 2021 to 36,490 this month. In year-over-year comparisons, the months' supply of dwellings stayed unchanged at 3.2 months. Months' supply is the number of months it would take to sell the present inventory of homes at the current sales rate. A balanced market has a supply of six to six and a half months.
Graph depicting the median sale price trend in New York, NY, from 2018 to 2023. The line graph shows two trends: one for New York with prices fluctuating around $800K, indicated in black, and another for the United States overall, with prices around the $400K mark, shown in orange. Source and more details available on Redfin.
Organizer:
Fatima Ahmed
Kensington, NY
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