Abstract: A method of debt-free property purchase through a partnership or any other form of co-ownership between a lead buyer (or buyers) and an investor (or investors) where the co-ownership is a separate legal entity whose sole purpose is to own, hold and manage a given property. The lead buyer may acquire additional percentage of the co-ownership over time towards full ownership, at a cost based on the latest assessed value. The co-ownership is best setup as a separate legal entity as it facilitates management of the property and gradual transfer of ownership. The co-ownership rents the property and the lead buyer has the first right to rent it. The co-ownership recognizes profit, loss, expense and responsibility for the property and distributes revenue. Lead buyers may choose to use their revenue to grow ownership share while investors may invest it, along with sale proceeds, in new co-ownerships.