Trading contractors for a portion of the build
Has anyone attempted to trade contractors material and install for a portion of the building? 

I am attempting to further develop some industrial land into industrial condos and with the leasing market being extremely soft right now where I am at, if I can bring contractor as an investment + tenant/owners it is kinda 2 birds stoned at once. Just looking for some insight 
[{"id": "dy485qn", "text": "Just did something similar to this in the Denver Metro. Our client owned around 15 acres of industrial land, 5 acres of which he was developing himself. In exchange for the job, the contractor purchased 3 of the remaining ten acres at a discounted price.\n\nYou need to demonstrate to the contractor the price of the industrial condo they will be receiving is equal to the money they would have earned by just taking on the job for their normal fee. If there's a difference, have them make it up.\n\nLast step - make sure there is an airtight contract.", "replies": [{"id": "dy7y722", "text": "Thanks for your input! \n", "replies": [], "depth": 2}], "depth": 1}, {"id": "dy9l17m", "text": "Some of the larger GCs will look at this type of deal, but smaller GCs may be more hesitant (they need the cashflow).  I would also not overlook the fact that you are bringing on a partner here and not just a GC.  Also most GCs are going to evaluate the business opportunity and given what you say about the market being soft why would they invest if you can't even get traditional financing?\n\nNot trying to say its a terrible idea, but its probably harder than you may first think.", "replies": [], "depth": 1}]