Good morning!
I just read your post. Did you really get no replies? Maybe you’re all set, but our group is struggling with some of the same things you mentioned. I thought I’d post a reply in solidarity. (Maybe you saw this post from September? Creative Financial Agreements?)
Our group is 12 members in 8 households, though we envision expanding to as many as 15 households. We range in age from 53 to 63, hoping to break ground in 2027, haha. Our members are from Rhode Island, Massachusetts, and New Hampshire. Each of our members anticipates bringing between $0 and $1M to the project.
We are currently divided more or less between two models: One would mimic the speculative market (think HOA buy-in/sell). The other would rely entirely on gifts and provide units for free but give no equity to members. I have a feeling our group is about to send a couple of us off to find more choices, to add some nuance to the discussion. Hence me searching the forums this morning and finding very little.
So that’s us. Don’t feel like you have to reply. I just wanted you to know that I think there are a lot of us out here struggling to find just financial models.