I currently have some commercial property in Melbourne, have done some flipping and small development however due to what I believe is simply a way over inflated market have seeked alternative REI's abroad.

This is just one example of alternative financing for investors. 

Another alternative is you guys join your two companies inside another vehicle, like an LLC or LP, each contributing the set amount of cash into the company and the company makes the investment, title vests in that name and control of the company is determined by the Operating Agreement.  

Alternatively, you can find older folks who may want to carry back at 5 or 6%. 

If nothing else, through seams in the individual slab sections.One of my pet peeves is actually another technique that is pretty common here for the exterior walls of buildings, as well as concrete fences - leaving the raw concrete exposed to the elements!

Better to be safe and build in extra margin and room for error when you haven't perfected the technique.

My goal is to help someone and in the process learn strategies, techniques, etc -Christopher 

Are there some similar alternatives so that I could take this house off of his hands without an outside investor or money from my pocket?

Tunkey is typically the alternative for those in the higher priced markets.

What is the best technique for appraising 20+ unit apartment complexes ?