Using my license to put less down?

[Andrew Ramler]

Hey folks,

I am about to put an offer on an off market fourplex in Dallas. I have my real estate license and I am thinking that once we come to a agreed purchase price I will ask if he will raise the price 6% and let me be the agent on both sides. My broker only takes 10%. I know income taxes may take some but I intend to put a good amount of work into the property and at end of yea should be close to break even anyway. I have full 20% but already have my eyes on a few more deals i would like to do.

Does anyone see issues with my idea? Below see the deals details.

Four units plus a garage apartment.

Units 1-4 rents are 600 (in 24 mouth I think i can get them to 715)

garage rents 400

tenants pay all bills

Starting at 185K but willing to go up to 210K

Thank you for your thoughts!