If you are only using your license to find and sell your own deals, then you should go with a flat-fee or per-transaction fee brokerage.

I'd make sure you calculate a safe margin or error.

@Jay MichaelGood Question,The safe bet would be to buy your conservative first home with your family and have atleast 20% equity in it.

He'll know contracts and the value well, but the transaction can still be closed directly at a title or attorneys office without official brokerage listing or commissions paid to anyone. 

Sometimes, holding, while being safe, is not the most advantageous.

But I know there are mandatory things a title company must do for the transaction.

Its just part of how we do development.. you cant take the cash flow game and make any sense of these types of transactions .. apples to oranges as it were. for instance I have a 117 acre parcel optioned at 50k an acre.. when it ripens will will be worth over 600k an acre.. and we have 1.5 mil in cash in it so far.. is that a great use for 1.5 mil don't know.. but on top of the delta on the dirt we then build homes for another 5 to 7 years and there is another 50 million in it.. so who knows.. these are small partnerships I put together with those that don't need cash flow and want small investments that have 10X returns over time totally passive.. 

(a) In every transaction wherein an application is made by a prospective tenant to lease a dwelling unit, the prospective landlord or owner of the dwelling unit shall not ask for, nor receive, any "assurance money" or other payment which is not an application fee, security deposit, surety bond fee or premium, pet deposit or similar deposit reserving the dwelling unit for the prospective tenant for a time certain.

And yes I will speak with lending one on Monday in order to establish a connection for potential transactions.

-Settlement Fee: $595-795 depending which title company you hire to close the transaction-Owner's Title Insurance Policy: Roughly 0.2-0.3% of the purchase price-Recording Fees and other Misc: Another couple hundred dollarsFees that will only be present if you are using a mortgage to purchase the property:-Origination Fee: Varies and is typically represented as a percentage of the loan amount-Lender's title insurance: Another roughly 0.2% of the loan amount-Appraisal: $500-650-Misc Junk Fees: Processing, credit report, flood cert, etc etc etc: A few hundred to a thousand dollars depending on the mortgage companyCosts that are not fees but still need to be settled at closing:-Prepaid interest (if there's a mortgage)-First year insurance premium-Impounds to set up tax and insurance escrow accounts (if there's a mortgage that escrows T&I): A few month's worth of each-Prorated taxes, water, sewer-Heating fuel remaining in tanksWelcome to New Hampshire, and happy investing,Troy