Ideas for raising money fast??! help!

[twins10705]

Well, we found *THE* house. We need this, the boys need this, I need this....I am so sick to death of rotting in these ratty apartments -- no yard, old gnarly carpet, breathing in the cigar smoke from the downstairs neighbors, waking up in the middle of the night due to domestic violence going on next door.

The catch is, we NEED to come up with $4,500 downpayment ASAP!! I am listing stuff on ebay and craigslist -- I don't care if I have to sell everything besides the clothes on my back. My dh is completely gone -- constantly working side jobs to raise money. OMG this is so hard, I am selling stuff at waaay below regular prices and I have people e-mailing me about coming over to "see" the $5 item, even though they have a photo to "see".

My apartment is a mess, I have two babies who are constantly trying to eat paper or injure themselves or need to breastfeed or eat -- I do not have time to invite some lady into my house to "see" a $5 item -- I need $4,500!!! AHHHHH!!! I need ideas -- anything! help!

[Oka-san]

Errr, do you have a car? You could sell that and get a cheaper one. Unless yours isn’t worth very much, of course…

Any chance of getting a loan from the bank?

[Oka-san]

And GOOD LUCK!!! Sounds like you really need this house, mama!

[pilesoflaundry]

Good luck! :

[Autumn Breeze]

oh wow.

Are you crafty at all?! Kids clothes sell great. Use the TP. Diapers sell quickly too.

I understand the need, I felt the same way. Thankfully my dh was in the military and we used our VA loan and got a 100% loan.

Can you ask family? Pay them back in monthly payments of $50? My dh did this when he bought a car.

[pumpkin]

This probably won't help, but do you have an IRA or a 401k stashed away somewhere. When we suddenly had to come up with cash for a house we took an early withdrawal and just dealt with having to pay the taxes on it later. But we were just lucky to have an old retirement plan from DP's previous employer to liquidate.

[CallMeMommy]

I don't know your financing situation, but if you get a loan through a credit union many of them don't report to the credit bureau unless you specifically ask them to. That's how we came up with our closing costs without the bank finding out...

[kdmama33]

Are you first time home buyers? If so, you may qualify for a no money down loan. Check it out.

[twins10705]

We still owe $9,000 on our car which is probably only worth about $5,000.

We are first time home buyers and we're both veterans -- but our credit rating is 566! We just found this out a couple of weeks ago. There was a $59 charge from an ER visit from 4 years ago -- we were in the military and completely covered so never should have been charged to begin with! We moved shortly after that hospital trip and NEVER in all these years received notice of an outstanding payment -- so we have a "Key derogitory" mark on our record. I'm preparing documentation to contest it, but it is going to take awhile if they even decide to change it.

I don't know if our veteran's loans will be honored with such a low credit rating -- we are trying to find out.

So far, only one company is allegedly willing to give us the mortgage and they are wanting $4,500 down in addition to the closing costs and a really high interest rate. We are meeting with the seller this weekend to hopefully get him/her to cover the costs and just bump the house price up $3,000.


Our families have no money.

We can't get a loan right now because of our bad credit rating -- and we already have a 9,000 loan out with a credit union for our car, and a $4000 education loan we are paying off.

We have no money stashed away anywhere


I tried making diapers awhile back -- could barely get what it cost me to make them(not to mention all my hours of work!) -- I don't know how people make it work -- maybe they are finding material at a better price? AAR, my kids leave me barely the time to breathe, much less have a craft business unfortunately

I do breed and sell tropical fish, dwarf crayfish, fancy apple snails, and cornsnakes -- but I hardly have anything at the moment.

Keep the ideas coming!! thank-you so much for the support, I really need the encouragement!

[Irishmommy]

Please post in Frugality and Finances.