Looking to learn how the game is played in the US.

Does anyone know about this activity? 

It is an interesting social relationship at play because you and your agent have slightly different goals. 

The key on your first deal where your emotions play a huge part is put your plan in writing and stick to it.

Sec 199A deduction might come into play for you as well on your personal tax return.Seems like it might accomplish much of what you want. 

@John Moran,There are number of active investors as well as service providers who are frequent contributors on this forum.

A third party appraisal usually has to be done and then the appraisal created, the title company also has quite a bit of paperwork to complete.One option would be considering a personal or business term loan/line of credit so that you have cash in hand to play with the cash buyers.

Hey @Peter Fennig, good to see you active. 

At first, it would be for smaller commercial properties, but if the relationship grows well and we make a good team, I'd love to scale up with them.Ideally it's a win-win for all:For the PM:They get a large chunk of equityThey get more business.They get access to my investors' capital for potentially future dealsIn a way, they eat what they killFor me:I look favorable to the lender with an experienced PM team as a partnerI'll get a deal under my beltI'll be able to get help with the downpayment, reducing the burden on my investors and myselfFor my investorsSure, they lose out on some equity, but they'll get a (slightly) higher return due to the lower monthly management feeThey'll sleep easy knowing that the PM has skin in the game and is experiencedTo be clear, I'm playing the long game, so I'm more than willing to do say, a 55/30/15 split with the PM/Investors/Myself and with a 3-5% monthly management fee.

If you play your cards right you can come out with a marketable degree that will start making you some good coin at a young age.