Credit - Ofc, the better shape your credit is in the better the terms.Overall, max is usually 25% and min is usually 10% being most aggressive.Talk with a few different lenders and brokers to see different people's requirements.

1st check your state law regarding wholesaling.2nd- As a real estate broker you are an independent contractor. 

I have a successful PM company in SF and a CA Broker License - but currently don't do any sales transactions.

.” — Skylar Olsen, Zillow Economist‍Brought to you by: Kristen Haynes, New Home Buyers Brokers / Realty Pros

I would reach out to a broker in your area.

The short answer to whether licensed real estate brokers/agents should obtain their NMLS mortgage broker license is: Yes. 

Becoming an employer adds a whole different layer of rules/taxes etc in addition to that it might not be permitted by the Broker

I am a mortgage broker in PA.

1) LTV - seller doesn't want to you claim at last minute that you didn't get approved for a 10% NOO loan, so can't close and you want your EMD refunded.2) PMC Holds EMD - PMC needs to be a licensed RE broker to do this.

Additionally, if we open a LLC to manage our own properties, do I need to hold a broker's license in KY to do this legally?