However, we would like to publicly represent ourselves under one name with all of our real estate dealings. 

Members represent over $24 billion in residential rental properties nationwide.

Investors have a very small high-upside window Because hard money lenders are running scared, new residential construction in Austin represents a fantastic short-term opportunity for real-estate investors.

@Paul Sandhu I was representing the buyer of a duplex - who happened to be a police detective.

But, if you work in that capacity, then you are representing others (see above). 

This has been the action of last resort for owners I represent that have tenants like the one described.   

I found this cost to be negligible and saw the value in a license because I could skip the middleman and source my own deals via the MLS and/or represent myself in a purchase/sale. 

Goldman Sachs just announced something like a HDQ3 here with all divisions represented...CEO says it is a myth to think all financial talent is in NYC.  600 companies in CA looking to move to Texas in the next couple of years. 

The key to success is to build a reliable team to represent your shared interests. 

So while having $200k equity sounds good....if that only represents 10% of the value...then a cash out loan may not even be possible.