Basically, I'm having this idea
I'm currently a student in Pula (Croatia) and I'm living with my girlfriend where our rent is at ~300$
I'v noticed an apartment loan at a bank for 15 years would be at ~300$/month, literally the same amount
So I tried to talk my parents into buying an apartment instead of sending me money to live in one
No way, they always want to have something to rely upon
Girlfriend tried the same thing, but her parents already bought an apartment fr her brother in Zagreb
I find it really idiotic to waste 3600$ a year into dust when I can literally buy an apartment for the same price!
During the season (shore city) apartments like these rent out for a minimum of 40$/night, the whole yearly rate would pay itself during the season (if we weren't there
).
So, I googled a lot if somehow I could get a loan or something, seems impossible as I'm a student
Apartments like that go for around 37 000$ or so.
My idea was making a POS Coin with around 40 000 premine and 1% Year stake.
Each coin would sell for 1$, when they are sold I would buy the apartment and each month I'd spend as much as I can to buy back the coins from the market.
Each coin would be bought back at 1.4$ or so.
At 23rd June we're starting to work at a local McDonalds, which pays around 800$/month, from my signature campaign I get around 600$ each month + earning money on other ways like leading signature campaigns, escrowing etc. grants me some at least 400$ or so each month too.
I'd make videos etc. to prove my actual identity and I'd scan my ID to the most trusted members of the community (won't post online because of identity theft).
I wouldn't mind signing a contract with someone if he was willing to travel too.
Do you believe such an endeavour could result in collecting the total to purchasea ~37k apartment?
I'm just wondering about your opinions.
Thanks for reading