Shouldn't they represent sellers (even if it's the bank) and try to get the highest offer.

You want to "cut down on the crap" as we say in the business to get down to people who can do deals.As a property owner you should be represented to the fullest but also there has to be a balance between broker/agent and the owner of expectations and time constraints.

However; in California you are not allowed to do anything for which a real estate license is required, that can be giving prices, talking any kind of terms on financing, etc.If Texas is the same way, and you were speaking as a potential buyer, I don't see the harm.If on the other hand, you are telling a potential buyer about a property you don't own and are not a legal representative in some way, you would in fact be acting as an agent, which in California would be illegal.

Since I'm a licensed broker, I want to represent myself as a buyer and use the commission for necessary upgrades.

Put those numbers up here and I'll tell you what I would pay for the place.TaxesSewer and WaterTrashHeat/UtilitiesHOACap Ex and OpsInsuranceMgmt Fee - as a % (general consensus here on BP is 10%. include it even if you think you are going to self manage)Vacancy- as a %. 8% represents 1 vacant month/unit/year

If you post those numbers here, I'll tell you what I would pay for the property.TaxesSewer and WaterTrashHeat/UtilitiesHOACap Ex and OpsInsuranceMgmt Fee - as a % (general consensus here on BP is 10%. include it even if you think you are going to self manage)Vacancy- as a %. 8% represents 1 vacant month/unit/year

Were you listed as the agent representing you two on the purchase contract(assuming there is a space for that)?

I am currently a registered financial representative with Modern Woodmen of America.

There are a lot of DC/MD/VA members here with a pretty healthy B'more contingent represented.

My minimum here is $150/month/roof) Insurance Mgmt Fee - as a % (general consensus here on BP is 10%. include it even if you think you are going to self manage) Vacancy- as a %. 8% represents 1 vacant month/unit/year To get the following numbers: Cashflow/month (this needs to be $100/month/door on 2-4 unit buildings OR $150/month on SFH for me) Cash on Cash Return (total investment/cashflow per year) Total investment is everything you brought to closing PLUS all the other inspections and reports you paid for along the way