Lots of deeply discounted residential real-estate partnerships now for sale.

Even in your short term example you could owe $24k in taxes  why not buy something else at a $24k discount  especially if it’s really 10 years and $48k in taxes  

I have a list that I'd be happy to share.Also, some of the best deals come off the MLS so I wouldnt discount finding a deal there. 

If you don't have sponsorship, by definition you don't have a deal - full stop. in some aspects, but but I'd argue in development you have to find land and partners at the same time. you have to have a competitive advantage and local knowledge. may not apply and probably different sectors. we break development up into multiple raises like Series A, Series B, etc in venture debt and discount equity tranches based on what stage the investor comes in for higher returns it's earlier like when we are investing in engineering services etc we recapitalize and spend our money with an equity sale and recapitalization. structured finance is so interesting 

Is this a discount broker that is only going to list on mls and help with the transaction?

The guys we are training in Atlanta are focusing on buying proeprties not on the MLS so they can get the discounted costs.

If so, the lender might then sell it back to you at a discount.    

I got this house at such a discounted rate because of the shape that it is in and because it was a friend who I am trying to help out.

A 50% discount from listing price could seem a little unrealistic..but I would not discourage any offer..As for expenses I would request copies of the sellers formal statements or records.

We are choosing new build because A) our family 4 has a certain size demand B)  the price-quality ratio doesn't seem to make sense when considering a preexisting home C) with interest rates being at near 8% with preexisting homes, builders are offering 5.99% interest rates and the exact home we are looking at is about $75K discounted because it's a spec home and the builder doesn't want to pay taxes on it.So, live in it for 5-6 years hopefully rent it out with a fully finished basement for potentially $4,200 in 5-6 years.