Help me create a home for my family

Jeanette Mason
is organizing this fundraiser.
153 Chauncey St APT 1D, Brooklyn, NY 11233
Created
January 10, 2023 12:25 AM
Household Change
$405,000
raised of goal
$675,000
81
Investors
Join the Waitlist
Monthly Residency Payment:
3899
Initial Investment:
Price Per Share:
Total Shares:
10000
Jeanette Mason

Growing up, I had always dreamt of having my own home. But my parents were always on the move, so every few years, we would pack up and leave to start a new life. It was an adventure, and I loved it, but I wanted something more. I wanted stability and a place I could call my own.

So when I started a family of my own, I realized just how much I wanted a place to call our home. I wanted to be able to provide the very best for my family, and I wanted to make sure they felt safe and secure.

I quickly learned that having a family was expensive and not something I could easily afford. I didn’t want to take out a loan, so I started to look for alternate ways to invest in my dream home.

That’s when I discovered Homefundme, a website that allowed me to invest in real estate without taking out a loan or having to qualify for a mortgage. This was the perfect solution for me, as it allowed me to join forces with others who would benefit from my investment and from the net rental income and property value appreciation that came along with it.

So if you believe that everyone should have a place to call home, and if you want to help me achieve my dreams of having a home of my own, then join me today. Together, we can make it happen, and you will benefit from your investment as well. Thank you for considering my offer and for helping to make my dreams come true.

Features:

So much opportunity!!! THREE FLOORS plus basement backyard and an amazing location right off Broadway in Bushwick.

There is so much potential for a new buyer to update this house the way they want to. You can keep as a single family or it's an easy conversion to two family as many similar houses on the same block have already been converted.

The first floor you have a large living room and dining room plus an eat in kitchen and full bathroom. The second floor is currently configured as 2 large rooms with a working fireplace, and beautiful old details on the wall and framing around the doors.

The third floor is 3 bedrooms, small, medium, and large, plus a full bathroom. 100 foot lot and the backyard is already paved. The basement has high ceilings /gas heat and hot water which are both new, impeccably installed and maintained.

You have the subway right around the corner not to mention all the restaurants, nightlife and live music as this neighborhood continues to develop like crazy!

Total Investment Value
Home Cash Price
569000
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
3899
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:
Jeanette Mason
Bedford-Stuyvesant, NY
No items found.
Exit Icon

Help by sharing

Fundraisers shared on social networks raise up to 5x more.

The leader in Online Sharia-Compliant Home Equity Fundraising

Shield icon

Investor protection guarantee

No other crowdfunding platform offers the same level of investor protection as Dyur.

Striking icon

Social reach

Harness the power of social media to spread your story and get more support.

Security shield icon

Secure

Our Trust & Safety team works around the clock to protect against fraud.

Join the Waitlist