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Updated about 8 years ago,
Real Estate License to Gest Started with BRRRR?
I'm a new investor and I am just getting educated. I am in the process of putting together my team and educating myself. One of the potential strategies that I have heard about on bigger pockets is getting licenses to get access to MLS to see new listings first, and also to be able to do comps when assessing properties. As I understand it, you may have straighter lines of communication while doing deals without a realtor between you and the seller.
What advice do you have about getting licensed? Are there any other questions that I should ask myself or others before investing time and money in the licensing process?
If it helps:
- I am interested in focusing on multi-family in St. Paul, MN and surrounding suburbs
- I don't have a construction or rehab background
- I am working on financing, but should be able to find money for my first deal through an FHA or conventional loan.
Thanks!