I wonder if it would be feasible to crowd source mortgages.

https://sh.itjust.works/post/58527034

I wonder if it would be feasible to crowd source mortgages. - sh.itjust.works

My idea is some non profit gets setup to manage a system where someone announces their mortgage and then they can have friends, family and second and third degree friends and families finance your loan. Let’s say someone buys a $250k house. Each person puts in $100 and then they get a receipt showing they are owed $200 against their 1/2500th share of the mortgage. Repayments are paid the $200 in return in a random time frame of between the first month to the last month 30 years later. Repayment is completely randomized, meaning you could get your money back really soon… Or a really long time from then. There are a lot of other ways you could build on this idea.

No quicker way to negatively influence a friendship than loaning money. Doubly so with the expectation of interest.
I think you mitigate that by the related party knowing that repayment could be 30 years later. Its more like buying a low pot raffle ticket then a regular loan.