Most people will tell you that your second choice can't be done, but the IRS has issued two (2) Private Letter Rulings on point where they did allow the taxpayer to build on property they already owned through a 1031 Exchange. 

If you had a private money lender, how would you structure a deal with them so you both win?

Knowing which neighborhoods are growing can help you make better investment choices.Explore Financing Options: Look into different ways to finance your flips, like hard money loans or private lenders.

A set of two multifamily properties are being liquidated and sold near me and it’s about $2M before any possible discount/negotiations with the owner. They are currently almost entirely rented condo or townhouse style...

Private Money Lender How did you add value to the deal?

You can settle privately with your partner based on your agreed ownership split, but you will handle the entire tax liability.

@Raphael Pangilinan before looking at hard money have you thought about private loans?

I would be happy to talk about sub2, joint venture partnering, lease options, buying on wraps AITDs, getting private money and negotiating terms deals with sellers.Thx for offering!

I already have a couple potential deals, but the biggest hurdle I'll face is finding a private money lender who's willing to lend to someone with minimal experience.

One red flag is if the property is being marketed heavily by unregistered regular broker , that’s what happened in my Ponzi scheme fraud.as the result of investigation those marketer now has to return all their commission to SEC. but at the end this turn out to be good because asset value is increasing compare if I invest to office building and lost all my money.