Land-leasing plans and property exchanges

A related lease-financing option is the land lease. In this case the buyer acquires title only to the house and any improvements on the land, and the seller retains title to the land on which the house stands. In returns for monthly lease payments, the buyer will receive a long-term lease (sometimes stretching out to 100 years) on the land, frequently with an option to buy. This creative financing technique reduces monthly payments and results also in a lower initial down payment.
A simpler but effective approach is property exchange between buyer and seller. Any difference in value between the two houses exchanged can be handled by promissory note issued by the owner of the cheaper property. Sometimes the difference in value will be made up swapping personal property, such as saving deposits, stocks, bonds, jewelry, auto-mobiles, etc.