There’s a real estate fellowship pitch competition here each year where the winner receives $1,000,000 line of credit towards their real estate development project.

WINNER WINNER CHICKEN DINNER!!!!!!!

not every deal is going to be a winner much less your first.

Keep surrounding yourself with the winners and keep reaching out for help.

The only winner here now is the seller.

If a property goes up for auction, does the buyer, or winner of the property up for auction, take on the estimated debt as well?

Plenty get paid or pulled before the sale...so I don't want to show up at the wrong county....Depending on the property and what it is I may drive by again the morning of the sale to make sure it is still there or I haven't missed anything...that I have the right property, etc....Then hope and pray about 30 minutes before the sale, that my competition has overslept, on vacation, at another county buying a piece of junk, or is out of money...and that I will be the winner that day.I'm sure there are a few steps missing, but that's the basics.

*And it may be happening again We have a winner:  "...and they bought properties that would never cash flow.

Cost Seg and 1031 Exchange tend to go in hand-in-hand.This is a forum for "can do" winners, not for "can't do" losers.

In it for the long haul and option#1 seems the winner.