Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

Account Closed
  • Woodbridge, VA
5
Votes |
16
Posts

Financing as a Real Estate Agent

Account Closed
  • Woodbridge, VA
Posted

Hey BP Community!

I just passed my classroom test and within a week or two I will be taking the PSI and diving full-time into becoming a licensed real estate agent. I've been learning a lot lately, and I know real estate is a passion of mine I can't wait to fall into

I'm still a newbie, and my ultimate goal is becoming a successful real estate investor, with my immediate goal being to buy a duplex and house hacking it. With me becoming a full-time real estate agent, I heard I would need 2 years of salary in order for me to qualify for a loan. Have there been any complications regarding financing for deals as an agent? Even though I love my mom, I don't want to be living in her house forever lol. 

I want to jump into investing so bad, house hacking will happen, it's just a matter of when. Also, are there any complications of wholesaling while being an agent? Legally, that's feasible, right? I plan on driving around a couple neighborhoods this weekend and find some distressed properties and start marketing them. 

Some tips on becoming a successful investor/agent would be helpful too!

Thank You!

Loading replies...