Spend the next 5 years saving up enough money for a down payment, closing costs, commissions and fees.

I was recently thinking about raising enough money with grandpa then transitioning on to a wholesaling company that will help me getting licensed as well as having the chance to earn commission, would this be smart?

Our concern is two-fold (1) it may be difficult to get a loan given that both of us would be considered contractors and I know banks wouldn't look favorably on that, and (2) just the overall fact that both of our incomes would be commission-based.  

I live in Newport, KY, right across the river from Cincinnati, which is currently being heavily invested in, from all over the world.I feel that now is the best time to make a run at being an agent, being young and without children, having very minimal living expenses, and being able to be covered on my parents health insurance for a few more years.I would love to hear more from successful investors who pursued investing from a W2 Career as well as from a commissioned based career.Any advice or shared experiences will be greatly appreciated!

Knowing that a lot of that will be eaten away by commission, closing, taxes, etc.

Internet leads in experience are usually sellers wanted FULL RETAIL with NO COMMISSION.

It doesn't change the 6% commission.

Closing is not always a sale signed contract during your first phone conversation with a stranger because you want a commission/profit.

I am paying them commission so I want to pick the best person for the job.

The attorney is the one that is doing the closing.You can also have a listing agent show you their property if you find one on Realtor.comThe seller may be paying the realtor commissions but it will still cost you in the fact that the owner can't come down on the price because of all the realtor fees.