Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan. 

This leaves you with having to pay tax on the FFE allocation anyway. 

Pay Down the Loan Faster:I’m considering applying $40,000 annually to the loan principal.

Its a small investment to try both as one deal pays for them for a good amount of time

If they are low balls then usually you are asking someone to work for free as the fix and flip landscape is competitive for a low pay out.

This is significantly lower than the mid west in the US.A really nice thing over there is that rents are often payed once per year.Dubai have a very consentrated power and decision organ which leads to very low predictability.

Right now, I do have the "REALTOR" status but wondering if it make sense to keep paying the $800/yr to keep the status?

I’m trying to figure out how I can pay myself and buy another property.

They must provide quality service, or their clients won't want to pay the price.

Now, you need to figure out how to find deals and pay for them.