|Re: Funding structures for purchasing property for retrofit||<– Date –> <– Thread –>|
|From: Ann Zabaldo (zabaldoearthlink.net)|
|Date: Sat, 6 Nov 2021 10:50:13 -0700 (PDT)|
Hi Maggi! Congrats to your friends who are starting their coho community! There’s not enough information in your description of the group for me to formulate a good response. Can you tell the list a little bit more about the group and its model or plan for this retrofit development? Are they buying up homes on a block? Buying a single building? Combination buying housing stock and building new homes? Have they put together a financial package to show the lending institutions? Most importantly … are they working w/ a cohousing professional to guide their process? If not, do you think they would consider working w/ a cohousing pro? This can be a game changer for any forming group. Working w/ a professional just relieves the stress, anxiety and gnarliness of development especially around funding. Looking forward to hearing more about this newly forming group. Best — Ann Zabaldo Takoma Village Cohousing Washington, DC Ex. Dir. & Mbr. Board of Directors Mid Atlantic Cohousing Principal, Cohousing Collaborative, LLC Falls Church, VA 202.546.4654 zabaldo [at] earthlink.net Good judgment comes from experience. And experience? That comes from poor judgment. NOTE: I’m switching back to using zabaldo [at] earthlink.net. Many apologies! > On Nov 6, 2021, at 12:16 PM, Maggi <librarymaggi [at] gmail.com> wrote: > > I have a friend who is developing a community in Ohio. They have a bunch of > interested folks but they're having trouble getting banks to loan them > money. Do you recommend any property lawyers or banks who are experienced > at dealing with communities? > > Thanks! > Maggi Rohde > Touchstone Cohousing, Ann Arbor, MI, est 2005 > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://L.cohousing.org/info > > >
Funding structures for purchasing property for retrofit Maggi, November 6 2021
- Re: Funding structures for purchasing property for retrofit Ann Zabaldo, November 6 2021
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