I also assist foreign investors in obtaining real estate her in the United States.

In 2005 I got my real estate license while obtaining my bachelors degree and I did that until 2007.

So the man sought to obtain a loan against the real estate in order to buy his sister out of the property altogether.

They are usually formed as a means to accomplish several things, bottom line is usually to make money and obtain political cover.

That would open me up to more options and I would then have a much easier time trying to sell the property if residential financing be can be obtained.

And yes, if you obtain a salesperson license you DO need to have broker affiliation in order to join your local MLS.

There are obviously costs involved with obtaining and maintaining a license to consider as well, but one successful transaction could easily cover your expenses for the year.Your upfront costs would be:- Classes / materials to cover the education requirement- Testing and finger-printing fees (for the actual licensing exam and background check)**You will need to be sponsored by a broker in order to have an active salesperson license, so you'll need to figure out this piece as wellYour ongoing costs will include:- NAR (National Association of Realtors) dues- TAR (Texas Association of Realtors) dues- HAR (Houston Association of Realtors) dues- MLS access fees (assessed quarterly)Again, most of the answer(s) to your question really depend on what type of investing you're looking to do.

My question is how can we obtain construction financing.Does the seller have to put their lien in second position?

By tax advantages, if you are referring to depreciation and other paper deductions, then yes, only as an owner, not a lender, can you obtain such benefits.

The broker will show an accounting of payments made.An individual seller is much more likely, IMO, to manipulate documents, even provide false information anf fly away, so my due diligence is much different.Bigger discounts and purchase prices are probably still obtained by private investors, so as Liz mentioned it's best to find these investors or develop them.