Is this a "real" real estate purchase, or something else?
This is a typical real estate purchase — just not one made through Joynt. You and your group will work with your own real estate agent and lender to buy the home you choose. Once you've made the purchase, Joynt steps in to help you manage co-ownership.
Through Joynt, you’ll set up an LLC that legally holds the property. Each owner is a member of the LLC, with their share clearly documented in the Operating Agreement. You gain real equity in the home, just like with any property you own — plus the ability to manage and enjoy it as a group through our platform.