But if you are patient and willing to carry the property a long time, I would guess a JV with a money person is your best bet.

Perhaps for a carry-back note secured by both parcels.

I might think that the one year carrying cost might eat up the difference.

There is a way to sell, carry back the note and still defer the gains.

Brian, wow, lots of $$ to be carrying around!  

I inherited the tenants in a owner carry purchase.

Child support no longer carries the transfer of taxation (meaning the provider pays the income tax on the child support s/he pays in support of their children).

If the cash is used for a long term buy and hold it would definitely be better in not all but most cases to use fixed 30 year financing so you can control your "downside," cash flow risk and only focus on the upside which eliminates near 50% of the risk scenario.Heloc's might be a bit lower than a 30 year fixed if the LTV is less than 80 % of your property's market value, but the benefit of the fixed terms far outweighs the volatility and lower variable rate of the HELOC.HELOC can be great if you're doing flips since the capital can be replenished quickly as you can churn your capital in and out multiple times a year and the interest rate risk of a HELOC is not nearly as high when used in this manner.

Make sure any flips can carry themselves if you have to hold them. 

It really is about making it ineffective for her to contact you in a different manner then you specify or for things that arent yourThere are3 a couple of things in play price and expenses.