Crowdfunding 2 family in Brooklyn
I'm getting lots of support to crowdfund a 2 family in Brooklyn and turn into an "experience" that I can live in and share with others. It is over 800K, but negotiable especially if cash. It's a vision I've had for years. It has a great story attached, so lots of fodder for the media. I need to hold the home with a downpayment.
The prop will have recurring income and will sell out a year in advance. I have a powerpoint and just want to make sure I'm set up before I start the crowdfunding portion for the curation (designing the home, any repairs, etc)!
How can I position this to attract an investor for the downpayment or the entire purchase price? If someone were to pay how does me paying them back work?
Here are a few others who have done the same if I'm totally confusing you!
https://www.kickstarter.com/projects/1303792929/th...
http://www.travelandleisure.com/articles/crowd-fun...
Thanks!