The intent is debt relief - you can apply it to car loans, credit card debt, or existing mortgages, but you will not be able to just get a personal check at closing.

Therefore, the change is painful.But I have to say one thing about it… One buyer I know would LOVE to have TRID requirements forcing her sellers to move out 3 days prior to closing, but it does not apply to her privately-financed residential transaction.

I started to apply the techniques others have used to get going like sending out flyers.

Also, with that many you may even want to get on the board if you end up buying as everything, (fees, dues increase, assessment, rule) applied to you in a multiple of 7!

This applies even if LLC is just a shell and does not conduct any business or owns any real estate. 

(c) The licensing requirements of this Article do not apply to: (1) any person who is employed as a code enforcement official by the State of Illinois or any unit of local government, while acting within the scope of that government employment; (2) any person licensed by the State of Illinois while acting within the scope of his or her license; or (3) any person engaged by the owner or lessor of residential real property for the purpose of preparing a bid or estimate as to the work necessary or the costs associated with performing home construction, home remodeling, or home repair work on the residential real property, provided such person does not hold himself or herself out, or advertise himself or herself, as being engaged in business as a home inspector.

You do realize that every time you apply for a new property via FHA loan, you have to move into that property for at least a year, right?

In Ontario, Canada, we must adhere to REBBA (the Real Estate and Business Brokers Act), which does not allow some entrepreneurs to be quite as creative in their negotiations, financing, etc.From what you have described of your situation and your goals, it seems best for you to learn what you can from the course and materials, but to not actually become licensed.Another option is to take the exam(s), but not apply for your license.

I'm not "branded" to one niche, I can pull a deal off from many different directions, apply the strategy as you find the circumstances of the owner and property.

I'm particularly interested how I can apply my knowledge of the law to investing and property management.