Are there well defined ways to purchase stock in a home rather than taking a loan our on the home?
For example, imagine I wish to own a home, rather than taking a loan, I find person or business A who purchases 70% of the home and I purchase 30%. I then rent the home from our business for market rates, and slowly buy more stock in my home at market rates.
I am looking at this simply for liability and risk reduction. Owning an entire property is expensive and with a loan, a large liability. On the flip side, if I simply have stock, then the home is like any other investment.
Are their businesses that do this? Is this advisable?