I am an investor with a group of investors who have have real estate properties around the US, mostly single family, townhomes and condos. One of our investment strategies requires finding buyers who are not able to qualify for a traditional loan. With us, the only need 3 payments and closing costs to qualify to get into one of our properties and own a home. My question is how do I go about finding these buyers and/or establishing relationships with agents and lenders to work with their unqualified buyers to get them into a property and make it a win win for all parties involved?

My husband and I are looking for a single family home to purchase as our primary residence. An ad for a home that looks appealing to us indicates: "Buyer to participate in 1031 exchange." I understand the basic principle that a 1031 exchange is a way for the owner of a business or investment property to sell the property and re-invest the money in a new business or investment property without having to pay capital gains taxes on the sale of the original property. However, what I don’t understand is what the risk, if any, would be to me and my husband were we to purchase someone’s investment property as our primary residence in this type of situation. Is it simply a matter that we would have to agree to be in escrow until the seller locates and purchases his "like-kind" exchange property? Or is there more to it than that?