Ps, Although we can't exchange personal info, we can use the inbox and forums to communicate.

Here is the scenario.My partner and I listed our flip property on sale. There is one potential buyer but he wants to sell his condo to make a down payment for our property.  He is selling his condo off the market for ...

And it's ESPECIALLY tough to find great MF deals as an out of state investor bc when the occasional great MF deal does crop up, odds are that someone local will make an offer before you're even aware it's on the market.When I sold one of my props in NY via a 1031 Exchange, I was buying in Greensboro NC.  

I've worked for several moving companies in the Atlanta and Pittsburgh metro area prior to establishing Precision Movers.

There are lots of note exchanges that you could purchase from.

I proposed we split the down payment and closing costs 50/50 in exchange for a 50% stake each in the equity.

We can exchange numbers/emails there. 

Franchise Taxes, Secretary of State, IRS Filings)Lawyer, Accountant, Bookkeeper...and you'll need a special evaluation process for YOUR country based on the US Tax Rules/Israel Tax Rules and Currency Exchange Rates.As you can see, going this route is not easy but doable. 

I have not been in the position of needing to do cash for keys but I certainly think if you both agree to mutually terminate the lease in exchange for cash, there shouldn't be any issues.  

Jim Carson I'm kinda in the same boat but I want to know how your gonna deal with depreciation buy back and Capitol gains if you don't do a 1031 exchange.