Generally, reporting companies must provide four pieces of information about each beneficial owner:name;date of birth;address; andthe identifying number and issuer from either a non-expired U.S. driver’s license, a non-expired U.S. passport, or a non-expired identification document issued by a State (including a U.S. territory or possession), local government, or Indian tribe.

He or she will also explain licensing, usury restrictions, and a host of other requirements.

So read up on Dodd Frank, usury law in each state you planning to lend and that state's lending license requirements.

As you know, in 2023, the new laws require hosts to have a license to do STR.

starting by just brokering loans is a good way to start in states that do not require a license.. raising capital from private investors to make loans is a long process And very difficult if you do not have a long track record or pedigree in the industry.. if someone is brand new they really need to go work for a lender first.. other wise IMHO the chance of success is very small.

The listing also includes the rental license number.

Those licensed in multiple states, how easy it is it to get a license in another state?

I just passed my real estate broker's license and am ready to hang my license in Colorado .

This ordeal has shed light on the risks associated with relying solely on fintech apps, particularly those that operate without a banking license and depend on third-party banks for processing.

I am also becoming an agent soon and it is an illegal practice of law to draft a lease agreement as an agent and one could loose their license.