If the trust already has real estate, perhaps doing a 1031 exchange may work for you as well.

:wink: Actually it's very much a capitalist principle to take money from the government in exchange for goods/services.

It seems to me that the old principle of fair exchange of products and services for money is all but gone.

Look into a 1031 exchange for yourself with a non-profit housing organization.

I can't imagine you will be able to find any money partners willing to accept 1% in exchange for advancing you any purchase money but, you may be able to find a lot of folks that would take an 8% turn key return if they trust you can manage such a pool.

Even an owner occupant is going to want a discount from that price in exchange for having to do the work.

Another thought if you are using the money from the sale to purchase other real estate you might be better off looking at a 1031 exchange.

Usually these occur in late fall and hard winter when the heat exchanger cracks or chimney plugged with something.

greetings all:looking for an investor in the south bay area (Gardena, Torrance, pref)...willing to locate props (Realty Trac), research, take pix, get comps, learn how to calc rehab, ARV, etc...will do pretty much all your legwork to free up your time for more important things in exchange for bird dog fees...currently unemployed (job loss) so have nothing but time & effort to offer to the right investor...tell me what your looking for & I will find them for you...

The definition of a broker is: Any person, partnership, association, or corporation that sells (or offers to sell), buys ( or offers to buy), or negotiates the purchase, sale, or exchange of real estate, or that leases (or offers to lease) or rents (or offers to rent) any real estate or the improvement thereon for others and for a compensation or valuable consideration.