Realtor then goes into contract with buyer subject too the property closing and divulges he license status to the buyer. 

It's not the best investment per se, as the cash flow is negative, but we had to get a bigger place with a baby on the way, and it's underwater so we couldn't sell. 

It's another issue here too, the seller knows the price is not worth what he has it at, otherwise he would take a buyer that requires financing.

Tons of great Bay Area investors on the site, and some great meetups too. The

I would not give the deposit too the seller, I would give it to the title company. 

I do too ...The point is, the numbers work, or they don't.  

I have been reading BiggerPockets for several years now but recently decided to jump in feet first.I am not a complete novice to Real Estate investing but I have a very long way to go in order to fulfill my dreams of giving my family the long term income and security they deserve.I firmly believe that Real Estate along with a balanced portfolio of retirement accounts is the only way to go.Real Estate has always been a passion of mine, to learn my craft and acquire as many income producing properties as possible.As of recent and what really got me into high gear is that my first baby (girl) was born 8 months ago and I want to provide for her future unlike mine.Now I have this new hunger, direction and priority in life and have decided to commit myself 100%I know this is going to be a long process and am very ambitious and having a newborn is a powerful motivator to learn and create wealth for my wife and baby.A little background on me…I am married and have a 8 month old baby girl.

Another aspect investors need to be aware of......anticipating again, is when an owner has a buyer and folks call us to put a deal together, if you're not a Realtor you can be on thin ice as you have no interest directly in the transaction, there are other issues too, the unauthorized practice of law is a favorite for prosecutors.

@Sam Hodgett  I remember that too!  The

I have met plenty of pit bulls/rots and most of have been big babies BUT I would not go into their house without being invited!