It was my first real estate transaction, everyone told me it was a bad idea, one friend begged me to lose my deposit and renege (she is now investing with me :) The only supporter of this purchase was my painter brother, who showed me how to spray paint, so I put on a hazmat suit and primed and painted the walls, ceilings, floors and inside of cabinets. 

If you're looking to wholesale your deals, you can ask an agent to find out where all the cash transactions are taking place at. 

In the middle of that type transaction now.

So they grab some money on the transaction date and hang onto it for you.  

In fact, here's a recent article where NAR is quoted as saying "like-kind exchange transactions are fundamental to the real estate investment sector, and repealing the tax provision would have negative effects across real estate markets and the industry".I'd say don't worry about them going away any time soon.

Definitely interesting flipping non-core condo properties, but don't transaction costs grind you down?

Every transaction is different.

Hello Lakeem,When doing a double closing check with the title company and if you need closing funding use "transactional funding" company if you dont have the $$ to close on the deal.  

Its ~5 blocks from the ocean right on the neptune/atlantic beach border.

Also, keep in mind your application is the first line of defense, so it could be (like Dracula to a cross or light), the application is doing its job and turning people away--even though they love it.... due to their rental or credit history.