Real Estate License to Purchase Buy & Hold

[Lisa Henrich]

I currently have a great day job and do not want to give it up for a career as a realtor. My passion, however, is being a buy and hold investor and creating passive income. I need my already established high paying job to purchase these properties.

My question is...is it possible to get a real estate license and use it to purchase properties (and save the commission) without working for a real estate firm? Will my license stay active if I just "have it" to use to purchase properties on the side? Can I partner with a broker to do these deals?

I'd like to retire with a total of at least 20 properties. Over the long run, having my license would save me tens of thousands of dollars, as well as cut out the hassle working with a buying agent to gain access to properties.

Thanks,
Lisa