Crowdfunded Down Payments?

Crowdfunding has become a popular way to quickly raise funds for…anything. Some people have set up accounts to raise funds for weddings, vacations, new business ventures and even schooling. Would you entertain the idea of setting up a crowdfunding account to raise money for a down payment on your home? If so, here are some of the top crowdfunding websites you might consider:

Indiegogo. As one of the first crowdfunding websites in the industry, Indiegogo approves donation-based fundraising for pretty much any task, project or idea. Friends and family (or strangers) can donate using PayPal or credit cards either online or via the Indiegogo mobile application.

Crowdrise. Specifically designed for charities or causes and personal needs,Crowdrise is one of the fastest growing crowdfunding platforms. Often used for birthdays, weddings and races, it is perfectly suited for collecting donations to your personal fund.

gofundme. The personal campaigns function of gofundme connects easily to social platforms such as Facebook and Twitter, so it’s one of the most popular funding websites. The platform also lets you send thank you notes to those who help you out.

Do you have experience with other reputable crowdfunding websites? Share them in the comments below.