Cohousing-L Mailing List: Re: split equity

[Scott Cowley (scowley]

We just all chipped in whatever cash we could find and got a construction loan.
The bank was mainly concerned with the appraised value of the buildings.  They
liked the idea that we were all pre-qualified, but didn't much care if the 
ownership
was going to be shared on down the line.  I have heard of folks who built a 
fairly
standard house, and then put a wall down the middle after move-in.  Just work
with your designer/architect.