I'm find giving half the deal away to not worry about that side of things as I naturally build my buyers list. 

Which style are You naturally attracted to.  

Most lenders and mortgage brokers make little to no money in the loan application process and usually do not even cover their overhead associated with the application.Let me state again that I am not defending these guys, but rather saying that just like residential loans, there is a cost to get a loan. due to the much more complicated nature of commercial loans, the due diligence and processing cost are significantly higher.

If you're struggling finding suitable real estate to put your 1031 into though you may think about purchasing some oil mineral or gas interests.  

I'm excited to be a part of the BP community and I look forward to working with many people from here in the near future.I've spent my entire professional career (8 years) in the oil and gas field, and I am finally ready to escape the rat race.

Or you just have to be lucky.I prefer to price my houses correctly right from the start (2%-5% below market) and then drop the price in larger chunks or natural break points after that.  

I don't know where I heard this quote but it stuck with me...Besides the laws of nature..Everything is negotiable in life.Which brings me to my question...I have a condo under contract that was a foreclosure and it is being sold as-is. 

I, of course, am extremely biased about how talented he is, but I can say that the majority of his clients keep coming back to him and trust him as they know he is honest, fair and darn good at what he does.Due to our mutual love of homes and real estate, rentals are a natural fit. 

Real Estate investing is not for everyone, and real estate investments are by nature illiquid. 

Thank you for the info.When I post this, it was more related to the ins and outs and how this could affect myself (as a owner of my own property).Also, I would like to have an overview of a deal and what does it entails (your article nailed it very precisely).Also, thank you (@Wayne Brooks) for letting me about the real behavior/nature of an auction.Thank you everybody.