I do sumbit numerous offers on a weekly basis.

It's what I'm most passionate about.I plan on obtaining my license to not only buy my own properties, but to also facilitate other buy and sell transactions.

All you'll need is a book of phone numers and you can stay busy for a long time.And getting with the times, you can work the internet sites, craigs list and local FSBO sites.

I have posted about this topic numerous times and am finally looking to receive an answer.

Otherwise it can get complicated as you really are putting buyers and sellers together, facilitating sales.You need to read your state statutes very carefully word for word as to what requires a real estate license and then don't do those things if you don't have a license.You can be an employee or memebr in a LLC that buys or sells, as a principal, in other words if BAC LLC buys a property and you are a memeber of BAC LLC, you can then be entitled to profits for the work you perform in that LLC.Another way is for you to take an option to buy and then sell your option, this is placing you in a position of havine an interest in the transaction, but those you sell to may have financing issues with this, it also depends on property restrictions or title limitations as beeing seen as sales during a restriction to conveyances, again check and see how these issues are viewed locally.Generally, you can not act as a third party between a buyer and seller and simply arrange or introduce deals and be paid a fee independly as that is a function of a real estate agent/broker.Lastly, it's easy to get a bad reputation amoung Realtors if you're known as a birddog, they will likely see you as unlicensened competiton and expect them to complain and report your activities.

Her plan all along was to get into something that produces income.There is a facilitator involved so imagine she has been versed on what she can and cannot do.

Warren buffet has bought out 15 or more manufacturing plants and has also bought up the existing notes from the numerous mortgage companies that loaned money for manufactured homes.

Dis you have an exchange facilitator helping you with the transaction?

If they don't have a license it could be illegal to pay someone who introduces you to a seller/property or who may be seen as facilitating a sale.

But what Im getting at is I get numerous emails on properties that are HUD owned from the same people.