On Sunday, a house came on the market (off of 11th Avenue and 24th street). It is a 113 year old triplex. The city values it at 125k…it is beautiful, but we’ll need to eventually raise money for a new boiler system and update the electrical. They’re asking for about $115,000.
The seller is has lived in the house for 20 years. She has other offers (investors) but told us she’d sell it to us if we could show her that we are capable of paying the full amount. We have 24 hours to come up with the rest of the money. We have a few solid leads. But if you are able to donate money to the Mennonite Worker or offer a no/low interest loan, please contact us and we’ll go from there.
We have 75k in the bank. There is also an organization that we’ve been exploring partnership with (they do education and retreats focused on contemplation, prayer, arts, and healing…and are very like-minded) that has offered to help us with a 25k stake in partial ownership. So we are about 15k short. Not to mention that we’d like to have some money left in the bank for things like curtains and other new house stuff.
Any amount helps. The light may be at the end of the tunnel. If we’re able to secure the funds, we’ll close on October 31 and begin the move before Christmas!