Of course, you have to be certain that the town has issued a license for the number of used cars for sale. 

@Sam SandTo answer your question direct: Legally only 14 states requires licensing to make a business loan, so odds are you can get started where you live.

Obtaining a real estate license, collaborating with wholesalers, and reaching out to local investors can provide valuable insights.

I've been an agent for 3 years now and I've closed two deals, but want to start using my license more, so I'd love to hear how other agents got their business rolling!

., I don't think licensing is warranted because they aren't representing you or selling you actual investments.

@Tiffany McKinneyI would charge a higher rate atleast 8-9% and balloon it in 5-10 yearsAlso you should have this serviced by a licensed servicer since acting as a servicer could be construed as doing work.

@Kyle Collette @Geoff Delgrosso He holds a real estate license in Ohio.

It has not been fair that an agent who has absolutely no background with investing, does not know market rents, has never gone through an eviction, never rehabbed 3 houses at the same time or has managed a portfolio for 15 years, is not able to provide any guidance or help with investing strategy gets paid the same.I have been an investor for 7 years before I got licensed and I know how useless many agents are.

This update is crucial to ensure lenders recognize the increased value of my property, especially since I have equity in the home and am looking to refinance at an opportune time.Is it necessary to hire a licensed general contractor for this type of project?

Also, did you get your license just to investor are you an agent?