thanks for the insightful advice guys. see the thing is, im a science major right now, and i want to go the business route, but its too late to switch. in the future i want to make money off real estate and stocks. i see no reason how a college degree in science can help me.on the other hand, im considering taking some classes right now in local community college to be a real estate broker and perhaps work in a firm to get some experience and at the same time earn some money. should i do it or bad idea with the current market?

They also have minimum loan requirements.If I'm not mistaken they only allow brokers to submit deals.

Thanks for all who contributed.The listing broker told me that the sellers have already turned down an offer for $290,000.

Transaction Brokers work for the deal, not the buyer or seller.

I met with a commercial R.E. broker this morning who's wife is the VP of a prominate bank.

There are a lot of games sellers and brokers play with respect to leaving out expenses, so take the time to understand every possible expense when you are performing your underwriting.  

(remember you tread a fine line between wholesaler and broker and you must make sure that you are not telling the homeowner you are finding them a buyer - that would make you a broker brokering without a license and you can end up heavily penalized) 2.

I'm an experienced investor and broker...

I am a Broker in Tennessee that specializes in income property.

And Liability Isssues from Brokers - Managers, well, I remember hearing "Sub2 and Lease Options, they are illegal!"