The house had an ARV of $122k and the principle balance was $115k.

So to say that means nothing especially if we have different goals.I believe with solid working foundation in RE principles, laws, and ethics both agents and investors can work together to find that common ground and get a deal done.

@Brittany VillamilI don't have long history of investing, but I have read many books about RE investment.In my opinion, economic environment changes and market goes up and down, but principles of real estate investment and investment overall don't change much.

That way whenever it rains, some of the metal molecules will wash down the roof and kill any algae trying to regain a foothold on your shingles.You can probably see this same principle working on roofs in your neighborhood.

If you are not paying down principle with your payment then your loan balance is only getting bigger and you're digging a deeper hole.2) Your loan forgiveness under the income based repayment plan is based on the date of your loan.

You don't need an agent, just submit the offers yourself, you don't need to become licensed as you're working as a principle.

The house was purchased in concert with a non-profit who provided $15K towards principle.

Hoping someone can provide some guidance.I'm a new Realtor (and investor) in Texas but I want to focus on investing in real estate by buying and selling as a principle, not an agent. 

This should pay back all of your initial principle and maybe a few dollars in equity.  

If nothing else there is principle pay down on the mortgage gaining you wealth over the long term.I'm a long term player, I fully plan to pay my mortgages for 30 years and actually own the properties I buy some day.One last thing to be aware of is this property will likely negatively effect your DTI which may make future financing harder.