Also, security deposits.

As long as they are doing the job as directed by higher ups, they get to keep their jobs.

View report*This link comes directly from our calculators, based on information input by the member who posted.

So your job is important, but your ability to pay is going to be based on your personal bank statement deposits..

Of the business I get from bigger pockets, a significant amount is from people that just got burned and lost their $20,000 earnest money deposit after failing to close on a house.

When you closed on the sale, the paperwork belonged to you and should have been handed over with the keys, security deposits, etc.

View report*This link comes directly from our calculators, based on information input by the member who posted.

It included a clause that said my security deposit from the lease would be applied towards the purchase price, as would XX% of every month's rent payment. 

So it's a bit of a chicken and egg problem, but this is why "new agent 101" is to have agents tell everyone they know about the fact that they are now an agent.Lastly, if you do direct marketing to sellers for the primary purpose of buying their house, and you get responses but the selling is asking too much, you can try to convert those people to listings (along the lines of maybe, "I can help you in multiple ways", one by buying myself, another by listing if you prefer a higher price but a longer wait, etc.).Good luck and let us know how it goes of course!

This article is pretty much destroying every claim I learned the past few months about self-directed IRA and its use for real estate investing .