Invest in our Security and Stability

Tony Wang
is organizing this fundraiser.
4113 7th Ave APT 1, Brooklyn, NY 11232
Created
December 21, 2022 4:11 PM
Household Change
$149,700
raised of goal
$499,000
29
Investors
Join the Waitlist
Monthly Residency Payment:
3042
Initial Investment:
Price Per Share:
Total Shares:
10000
Tony Wang

Divorce was never something I wanted to experience. It stole away my sense of security and contentment, leaving me feeling hopeless and adrift. But I knew that I wanted to start afresh and rebuild my life in a way that would make me feel alive again. I thought that this meant buying a new home, but I was confronted with a paralyzing uncertainty about where I should move to.

For months, I struggled with the thought of finding a place to live. I was anxious and unsure and was beginning to feel like I might be stuck in this limbo forever. Then, one day, I discovered homefundme and the investment possibilities that it offered.

Homefundme is a unique platform that allows people to invest in properties without getting a loan by making small investments without any pressure. I realized that this was the solution I had been searching for. I could begin investing with a limited investment and reap the rewards of building equity in the real estate market in the years to come.

As excited as I was about this alternative opportunity, I thought to myself that I couldn’t do it alone. I needed financial assistance to get my dream home. That’s when I knew that I had to reach out for help. I decided to go ahead and make a plea for assistance - asking for your support to invest in my dream home and help me change my life. I won’t lie - it was intimidating, daunting, and nerve-wracking, but I decided to take a leap of faith anyway.

Your support could mean so much to me. Not only would it give me a chance to invest in something new and exciting, but it would also give you the opportunity to share in the net rental income and property value appreciation that come with it. It would be a win-win situation for both of us and would help me to finally seek the reward of suffering.

I understand that I need to build trust and establish a relationship with you - and I’m ready to do so to the best of my abilities. Please help me to start fresh and create a new life. Together, let’s build something that will bring us both joy and reward.

Features:

Walk into your next dream home nestled away in this gorgeous corner of Sunset Park. Residence #1 of 4113 7th Avenue captures the quintessential peace and tranquility of Brooklyn with the space and the value to match. You walk into a cozy living room with original parquet wood flooring, featuring enough space for a full living room set, including a dining table, a coffee table, a china , and even an overhead storage compartment to stow away valuables for the next holiday.

The kitchen space is an alcove that exhibits classic features calling back to a simpler time. Meanwhile, there is ample space for a chef to make it their own, with plenty of available surfaces for cooking and eating as well as a pantry space for well-organized storage of all your kitchen needs.

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
3042
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:
Tony Wang
Sunset Park, NY
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