|Information on financial arrangements in cohousing||<– Date –> <– Thread –>|
|From: Brian Cohen (brian.n.cohengmail.com)|
|Date: Wed, 29 Apr 2020 05:25:42 -0700 (PDT)|
Hello all, My name is Brian Cohen and I am new to this listserve. I joined a few weeks ago based on advice from friend and Jewish co-housing advisor Roger Studley. I am part of a group attempting to create Jewish co-housing in Brooklyn, called Brooklyn Moshav. We have been meeting for over two years and are starting to get financial arrangements in order as we look for real estate. I am wondering if anyone can point to or share their own financial structure as we venture into the world of co-housing. We have talked a lot about various ideas: 1) Forming an LLC that purchases the property and then each family unit buys their own unit back, with shared costs for shared spaces (like a common apartment or something). 2) Buying individual condo units from new development. 3) Sharing resources somehow (where wealthier participants provide loans to less wealthy to purchase property). 4) Rental models 5) and more What advice can you give us? Who would be willing to talk to me more one-on-one about your own communities arrangements? Where can I find more detailed information? Thanks all, Brian
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