I purchased my home for $140k 2 years ago. I have a kid and me and my fiance want more so we think we're going to need some extra space.
I want to have a raffle of my own. I was thinking of selling the raffle tickets for $150 each with the option of entering as many times as you'd like. I kinda wanted it to be a nationwide auction instead of local. On the date of the drawing, I will open my doors to those who wish to attend the drawing...and I'll do the raffle live over the internet as well.
Is this a good idea? I want to get atleast what my home is worth right now. What if I don't reach my goal? What should I do?