4,571,967
Not personally but have read/heard of examples a few years ago.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
-
Richard Weeks
Dallas, TX
-
Mary Yonkers
Erie, PA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Bob Crane
Stevens Point, WI
2,684,009
There was that story on the news recently, where a couple wanted to reward some homeless guy who helped them out. They raised enough $$$ through Go Fund Me dot com to buy the man a house.
But then the tale turned sordid; homeless guy started blowing the money on drugs and alcohol; the couple took the money (several hundred grand) and bought stuff for themselves instead. Lawyers are now involved.
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Eve Alexander
Tampa, FL
-
Bob "RealMan" Timm
Minot, ND
-
Bob Crane
Stevens Point, WI
-
Doug Dawes
Topsfield, MA
-
Mary Yonkers
Erie, PA
6,392,929
I have read of a few attempting this, not sure if anyone took the bait though.
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Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Mary Yonkers
Erie, PA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Bob Crane
Stevens Point, WI
2,220,323
I have not Michael.
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Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Mary Yonkers
Erie, PA
-
Anthony Acosta - ALLAT...
Atlanta, GA
2,178,553
I suspect it is about as successful as trying to sell a property through an essay contest.
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Bob "RealMan" Timm
Minot, ND
-
Bob Crane
Stevens Point, WI
-
Doug Dawes
Topsfield, MA
-
Mary Yonkers
Erie, PA
2,071,025
Nope
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Bob "RealMan" Timm
Minot, ND
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
1,598,452
Never heard abou it.
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Bob "RealMan" Timm
Minot, ND
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
1,231,853
Guess you can try anything, but I know NO MONEY from me.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
5,772,575
Michael,
Heard about it.
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Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Mary Yonkers
Erie, PA
12,488
Crowdfunding is a way of obtaining funds, usually through an internet platform. It is usually done for investment and commercial properties as owner-occupied residential usually has underwriting and compliance concerns which make this type of financing tough to finance in this way. Buyers in search of funds post their transaction information/ property considered and Investors can bid of an interest to lend up to a certain amount and rate they are willing to offer.
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Tammy Lankford,
Eatonton, GA
-
Michael J. Perry
Lancaster, PA
1,196,778
Michael, cannot say I've heard of Crowd Funding unless you mean something on the order of Go Fund Me
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
1,374,323
Yes I’ve heard about it but not the details or outcome.
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Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
1,543,623
I've heard of the notion, never heard of anyone doing it and it working.
-
Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
4,882,355
3,164,119
I see a lot of folks have the wrong idea about crowdfunding. Crowdfunding is a personal loans where people pay it back and yes I know people who used it to buy a commercial property before (when it was young) and they have paid it all back with the interest and are still a successful business. GoFundMe is a whole different thing.
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Michael J. Perry
Lancaster, PA
809,258
I haven't. Not sure how it works. Buyer raises money, pays cash?
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Bob "RealMan" Timm
Minot, ND
5,048,758
I have heard a few stories but who knows how accurate they are.
-
Bob "RealMan" Timm
Minot, ND
92,082
Hmmmm... maybe I can buy that Lamborghini....
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Bob "RealMan" Timm
Minot, ND
150,416
Wow! That's a pretty crazy idea, and I would be super jealous if it works!
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Bob "RealMan" Timm
Minot, ND
5,868,472
699,874
No, but I did a transaction once with a shared equity program for my buyer.
4,800,082
I have not, but I guess anyone can set up a page to do this in one of the many sites that do this.
4,434,127
1,502,998
5,005,580
1,844,271
564,494
1,712,676
3,345,056
911,228
No, and I doubt if too many sellers would accept an offer from a buyer using it.
5,583,278
I've never heard of it..... we're straight an narrow here.... typical financing....
5,104,931
613,494
Crowd funding is basically begging for money to buy something that you can't afford.
If a buyer needs to crowd fund, they will be in foreclose before the one year anniversary of their purchase.
I do not want buyers like that...
Eve
643,985
1,622,432
Not in my experience, it is probably similar to those investment funds?
2,390,437