Hey everyone,I'm Chris, a professional musician in the Northern VA area.

I expect the project to be ~1.7M and am raising ~600k to cover planning and initial costs and financing the remaining 950k (750k/1.7M = 44%).My neighbor is considering selling me their (larger) property for 600k that is wholly owned but has very high cap gains pending.We are both concerned with minimizing fees and tax penalties.They are open to an idea I proposed where they would transfer the property to me in exchange for a comparable position in a LLP limited partnership stake in my project which would enable me to take out a HLOC sufficient (or nearly) to fund the project and buy them out, plus interest, in a chunk once complete/over several years.Another thought was to owner finance with payments to them spread across say 5 years from the added value to the developed project but it seems that muddies the ability to establish an equity line that they aren't affiliated with.Ideas?  

Today's technology enables us to communicate and collaborate effectively with clients literally all over the globe.

A Self-Directed 401K plan allows you to eliminate the expense and delays associated with an IRA custodian, enabling you to act quickly when the right investment opportunity presents itself.

Although I pay a lot more for private money I like that it enables us to be creative with our deals. 

Roy - yes, cash offers can enable you to get a contract that you might not otherwise get.  

Enables you to close fast just like cash.

If the currency ever comes down ( I hope not but hey) then the money coming in is worth more and if I decide to sell I will get a tremendous boost on equity.My entire strategy revolves around a strong dollar enabling me to purchase rental property in the most efficient and up-and-coming areas of Sao Paulo.

sounds like the OP is an enabler.  

What enabled you to take that first step into rehabbing?