Since it is mid process I cannot get the commission as a buyers broker and the buyer wants to pay me 10k etc.

We would also post on our own to Costar, with a brokers protected statement, and still pay that full commission.

Let's say, best case scenario, you're able to find a NJ realtor who charges you only 5% commission and is able to sell your property for the $210k you paid. 

If not, paying commissions is not a problem, provided you do not perform brokerage activities (representing buyers or sellers in an Agency relationship of properties you do not own).

Buy and hold for passive income is so much different than flipping, one is fairly passive once the property is stabilized and provides ongoing income, the other is a job - find it, buy it, rehab it, sell it, REPEAT.Tell your realtor what you are really looking for instead of them just trying to find you their next commission!

I invest in New Jersey and soon hopefully Pennsylvania and I’m not quite sure what type of commission or flat fee I’d have to pay a brokerage firm to accomplish this.Any of you guys have some insight on this?

Hi Ricardo Welcome to  Connecticut MarketBidgeport is a good market depending the area like any market you can be in a nice are and 2 more  blocks down you'll be in a war zone but the best part is that bridgeport has the most affordable market compare with the others cities closed to NYC like norwalk not even talk about Stamford here the taxes are little high but  the income compensate that be careful with Real Estate Agent that says they are Investor Friendly and they just want you to buy at high price so they get a good commission but over all bridgeport is a big city trying to get betterbest area is black rock but is expensive, Hallow are is good for cash flow but a lot of the area is hot zone, east side war zone but could be some ok section, north end on the border of Trumbull nice are, east end like Stafford ave and Connecticut ave this are in this days is war zone. all of this areas and what I said about them are my point of view so you can see what others investor says about it wish you the best on your investment and see you on the top :-)

Have an understanding of CRE commissions and how to structure them appropriately. 

We establish a relationship through my purchase of personal property and commission, then we continue working together building a portfolio.

Andrew great point mentioning the agent commissions.