The SAFE Act pretty well covers any such transaction which would be considered "note finder" services, yet licensing neither teaches nor assures that the licensee has a clue about the note trading business, at least from what I see in my material.

We have to obey the LAW, but so do non-licensees.)3.

It is unlawful for a person, in connection with the application for or procurement of a loan secured by real estate to: (1) Employ a device, scheme, or artifice to defraud; (2) Make an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statement made, in the light of the circumstances under which it is made, not misleading; (3) Receive any portion of the purchase, sale, or loan proceeds, or any other consideration paid or generated in connection with a real estate closing that such person knew involved a violation of this section; or (4) Influence, through extortion or bribery, the development, reporting, result, or review of a real estate appraisal, except that this subsection does not prohibit a mortgage lender, mortgage broker, mortgage banker, real estate licensee, or other person from asking the appraiser to do one or more of the following: (a) Consider additional property information; (b) Provide further detail, substantiation, or explanation for the appraiser's value conclusion; or (c) Correct errors in the appraisal report in compliance with the Uniform Standards of Professional Appraisal Practice.2.

Speaking to the process of obtaining a NFA firearm as a non-licensee, it can be anywhere from easy to hard.

They push their "we Buy Houses" registered name as a major asset of becoming a licensee.

Typically for new licensees, the split is 50/50.

Hey everyone! My name is Nick and I am 21 years old and am from Sherman, TX (about an hour north of Dallas). I am about to take my exam for my salesmen license and am excited to jump feet first into real estate invest...

If you choose to operate in Florida forget it unless you are a licensee.

If you decide to use one, at least use a licensee instead of someone with nothing to lose.

Here in Missouri, all members of a real estate business entity require a license, while a licensee can be employed, for them to have an interest in a company all other owners must be licensees.