Family That Needs a Break

[Tyler Rowley]

Here’s the situation…

I know a family who is going through a rough time. Mom, Dad + 8 kids. One of their daughters has leukemia.

They were evicted last year and their new place just went on the market and they had to move out. They have Ben paying $3,000 in rent for years, but they’re really struggling to find anything. It’s been six months of living in a church basement and a hotel. 

They have good income. He is a contractor that banks hire to rehab foreclosed homes. 

They have bad credit from things in the past.

The rental market is tough as it is, but when people hear they have eight kids, it gets even harder.

I would love for them to buy something, but they say their credit makes it nearly impossible. They have never bought a home before so they would be first time home buyers. 

I wish I could find an investor who would help them by financing a deal for them.

Does anyone know a place to start looking? 

Any other solutions? 

Thank you. 

[Scott Mac]

Quote from @Tyler Rowley:

@Ben Firstenberg, I think they make due on a four bedroom. A lot of large families have two bunks in the kids’ bedrooms.

Obviously this isn’t the smartest play with one’s money. I think some wealthy people would take the risk out of charity. 

Co-signing was a good suggestion. When you co-sign, does that show up as debt on the co-signer’s books? 

In the USA wealthy people do not need to be benefactors to pull someone out of situations like this.

We have in place a system of welfare, where the needy can get free food, school lunches for their kids, (free housing = Section-8), free clothing, free spending money (what used to be called Obama phones = free cellular). They also get free medical, dental and eyeglasses. And section 8 regularly inspects the rental units they provide for them to ensure they are not below habitable standards.

Why are you seeking cash donations for this family when the standard system in the USA and Canada is so generous and works so well.

Is there some reason these people cannot get this governmental help? (for instance a while back there was some concern about people here illegally applying for welfare would get them deported....is it something like that? Or is it just they don't know how to apply for a housing voucher and other welfare handouts?

Why are you not traveling that road with them vs asking us to give you cash handouts to solve their problem in an unconventional manner (???)

Just my 2 Cents

Good Luck!