. - Single family homes to rehab and hold or to fix & flip- Loan is in your name not your LLC- Rates between 5% and 6% depending on credit score- 30 year term loan, fixed rate, no pre payment penalty if sold or paid off anytime- Example buy at 100,000 and add 50,000 for rehab = 150,000 means 15% down payment or 22,500- So the buy is financed at 85% and so is the rehab if you look at it that way- House will be appraised off a contractors write up of the work to be done and must appraise out ARV to at least the 150,000 to make sense at all; if not loan is not approved so a buyer cannot get into trouble in that sense with lender oversight- all work must be done by licensed trades people, not the own themselvesIf this sounds plausible I'm happy to answer questions.

This is how the California Real Estate Commission gets involved in fractionalized mortgage note offerings in the state of California and gets it authority to require that anyone selling fractionalized interests in California be licensed as a California real estate broker. 4.

I’ve been a licensed agent for 8+ years and have managed rentals here and there on a smaller scale but now fully prepared to build a business out of it. 

Short backstory; I’m a licensed builder in MI and have been on my own for 1.5 years completing structural restorations, insurance claims (roofs, siding, floods, etc), and about 15 or so bathroom remodels.

I've finally hit the required 3,500 points required for the NYS Broker License and I was planning on filing as a corporate broker.

I'm all for getting your real estate license while you are working at your full time job in the beginning!

But while your investigating me look up my Brokers license in CA.. #00521387 U will see no complaints since the late 70s..

I've been doing land and cabins and I partnered with ex brother in law to get our gc license last year.

Does your state allow you to invest on your mothers behalf without a license? 

I Know I can get an LLC online, but do I need a business license or should I get one if I'll be managing the rental units?