What is 20% Down?
In residential real estate, it’s a common misconception that people must commit a minimum downpayment of 20% to purchase a home. Although 20% down is a worthwhile start, people don’t need to make that large of an initial investment to achieve homeownership. In fact, it’s very common for folks to submit a more affordable down payment towards their housing goals.
But at this point in my career, my interest is making an initial investment in my community. I can no longer afford to hope that my community will improve on its own, and I must commit to helping others achieve their long-term goals.
In 2022, I will donate 20% of my real estate profits from each property I sell to a local non-profit of my choosing.
In short, I created 20% Down to make a worthwhile investment in my community.
I’m 20% Down.