The real estate license is beneficial and brings a lot of items to the table.@ Max - So buy and hold?

Without the credit, you would have to bring the 10% down payment ($3193) plus closing costs to the table.

Begin with the understanding of the meaning of "safety and soundness" of portfolio lending.Let's turn the tables and ask, what would you look for in making a mortgage to an LLC on a single family dwelling (1-4) or even a small apartment complex?

[Is your 13k what you'll have left AFTER you leave the closing table?]

I can bring a new agent to the table and hire a negotiator if I need to.Any insight on this is very much appreciated.

I have actually closed a couple bulk deals in the past year (a couple out of dozens and dozens and dozens that fell apart at the closing table), but from many of the other ones that didn't close, I made some pretty great contacts. / But yeah, you make a good point, on these "buyers" and "sellers" who totally flake and waste everybody's time and energy, they are eventually exposed and erased from any list of legitimate contacts.

Listing agent and Buyer's agent privy to private information from both sides of the table??

But if they don't call you, you never get that opportunity.Everyone wants to feel they are getting the best deal they can, no one wants to feel they left money on the table, certainly not from the get go.

It wouldn't be recommended to just go out and start a under-the-table type business as that of course would set yourself up for potential ugly situations.

Naturally as more people want to understand real estate they will look to social networks (another big change this year) and BP will see its members climb.Look at a critical mass table and we will see "at some point" things accelerate with any good network or produce.