Regardless of the appraisal value ($100k for example), if an agreement is reached to exchange the property at a new price ($80k), the $80k becomes the new value.Now if in one year all the other comparable homes are still $100k, you could get it re-appraised. 

Such plans are configured differently to allow for non-exchange investments such as private lending. 

You give the private lender a note and deed of trust, depending on the state, in exchange for a fixed rate of interest. 

However I don't ask for referrals in exchanged for rent to stay the same.

Refinance taking out millions and do not pay any taxes at the time of taking the money out.Then if you die, your children get the property on a stepped up basis (readjustment of the value of an appreciated asset for tax purposes upon inheritance) and there is never a tax on the money extracted.Or if you need to sell it while still alive, 1031 Exchange the appreciation on to another property/properties. 

Are there any wholesalers in the Montgomery county, Pa area that I could potentially drive for dollars for- in exchange for simply shadowing a wholesale process?

We just completed a 1031 exchange last month, sold a rental property that was titled in my personal name, ended up buying two rental properties for cash as replacement properties in my personal name through the 1031.

The seller quit claimed us the property in exchange for paying off their mortgage after we calculated that a traditional purchase would have tanked the deal with too many costs to be able to use the BRR (no rehab and already rented) method. 97% of initial investment returned at refinance.What made you interested in investing in this type of deal?

We bought bigger using 1031 exchanges.

@Brian Adams In your opinion, would it work for a passive investor in a syndication on an apartment complex, in exchange for the money invested receive the syndicator's portion of tax write offs for the project instead of return of capital?