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.

If you asked everyone in the US to give you one dollar you could buy a pretty nice house
I asked this baby in this stupid rolling cart thing for a dollar and all it did was cry, and the adult lady pushing the stupid cart thing punched me in the face, so I didn’t get a chance to ask her. Then everyone in the area chased me out of town. This is proving to be a difficult task already. Will update further. Stay tuned.
Tysm keep me posted