I recently closed on a property in the Tampa Bay area of Florida using a technique of "equity" financing as opposed to "debt" financing. In a nutshell: rather than borrowing the funds to complete the transaction and compiling additional debt, I offered 50% of the deal to a joint venture "partner". The JV partner gets OWNERSHIP (not a mortgage), cashflow, tax benefits (write-offs), and appreciation/debt amortization and ZERO management duties rather than interest payments. Is anyone else using this technique or a variation thereof?