I earned my RE license one month after high school.

If you have cheap leverage and the ability to earn a higher ROI on the money by using it to fund the next venture I would use it towards the next venture & keep the loans open.

Yes, Account Closed , you do have to be a licensed broker to collect the commission, but many states allow the buyer's agent to then rebate to buyer a chunk of that commission they earned.

The reality is that agents don't earn a nickel, if they don't sell you something, and driving all over the place to show you properties costs them money. 

If you can earn more than what you're paying in interest you could almost justify it, but THAT IS STILL NOT LEGAL!

They do have some other investments; however, all of that is investment earnings.

I want to earn the cash to rehab from wholesaling and sell these to fund buy and holds.

As long as I purchase the homes at that point before I make an earning from them and/or let the client know what the net is.

So Cal the market is peaks and valleys all the time.

We moved shortly after getting married and sold the SF, we didn't hit the peak of the market but we were fortunate enough to walk a way with a good profit from the sale in 2006.