I’m missing something, right?

[Dominick Galinis]

Hey BP fam,

So, I'm in the home stretch to having the savings I want to get my first property. I'm going to be using a FHA loan for either a triplex or 4 plex.

I use Credit Karma to look at my credit score and they offer me personal loans through the app, usually for a stupid high rate (10%+).

now, for my question. I’m about to get my RE license. And the commission I would receive for representing myself would be more than enough to pay off that loan, and still have plenty left over. My family friend who’s been an agent for almost 2 decades is going to walk me through the “buying process” to make sure I’m protected on that side, and I know about it the area I’m buying in to make sure I’m getting a property  that will rent etc. 

I’ve heard of people getting private loans before, but never through one of those apps or whatever. And I’m concerned that I am missing something in my inexperience because it seems “obvious”, if that makes sense. Am I missing something here? Thank you all very much!