Intellectual Property of PeoplesAllyFoundation
What Is A FARJHO
was created as a new way of “shared equity” based home ownership
to allow institutionalmoney to come in
by letting renters and property investors co-own the properties in a LLC structure sothat there would be a positive yield on their investments, similar to a real estate syndication process oncommercial properties but with much scaled down expenses and complexity.
Due to its simplicity
, this new commercialized service is ready for use by investors and homeownerswithout relying on the participation or any involvements by the government or major financial institutions.A common base structure for the US market is currently composed of a real estate syndication using anLLC legal entity. Each structure will be put together by a syndicator with up to a total of 10 members inthe LLC.
One of the co-owner members will be renting the property from the LLC and treat theproperty as his/her own principal residence.
will serve as an additional consumer choice to
increase housing affordability under thefree market
, not meant to replace any housing finance methods already in existence. It will only becomea
if its economic value is proven and adopted by the consumers through furtherpublic education and awareness. For now it serves as a perfect alternative when homeowners either
can not afford the conventional borrowing
are not interested in the conventional burden ofdebt