Just determine a buy out price and pay partner in exchange for the deed.

You can find beautiful mansions in the south of France and exchange it for your condo in Miami, for example.

A lot of things to think about there...Based on what I've read thus far and as a complete newbie, I think the way to go is to buy a number of small properties like you mentioned, maybe 10 or so and then try and flip the sale using a 1031 exchange into a bigger property and work my way up in # of units.

I would wager right now it is nearly impossible unless you have some nice connections with a local bank(Think 1-2 branch bank).

A couple construction companies are doing deals with the homeowners to rip everything down to the studs, IN EXCHANGE for a release of all future liabilities.

In exchange for a seller locking up their property with me, they're getting a lot.

At that point it will be time for me to sell gold/silver (if it is not contraband), and exchange it for something else of value.

It is the lender that dictates these terms and you that accepts or turns down his/her terms of repayment in exchange for the monies that you recieve.This is true wheather or not it is private money, hard money, or conventional money.

1031 Simultaneous Exchange: The like-kind replacement property and sold property both close concurrently in simultaneous 1031 exchange.

Do you have time this week to exchange information?