I heard that you need some kind of a license to do short sales.

I suggest you start doing some reading on the forums about bird-dogging, wholesaling, and any topics on investing with no money.There is no one set formula that will work for everyone, so you'll need to educate yourself and then establish a plan.Do a little reading and come back with some specific questions so we can help you out.BTW - Please do not post in ALL CAPS.

The Company I work for RC Legacy INC. is a Mortgage Broker licensed by the California Department of Real Estate.

Nothing to do with licensing.

In CO they seem to reflect at least a little bit of reality as the sales price from the HUD-1 is recorded at the county office.An "indpendent appraisal" is conducted by a (generally state) licensed individual as is relied upon by buyers (sometimes) and lenders for determining their level of risk.

In CO they seem to reflect at least a little bit of reality as the sales price from the HUD-1 is recorded at the county office.An "indpendent appraisal" is conducted by a (generally state) licensed individual as is relied upon by buyers (sometimes) and lenders for determining their level of risk.

It is great to see that one of our long-established members and BiggerPockets blogger has put this together.We've decided to sell the book here on BiggerPockets, and you can get your copy directly from our store.

Don't I need to change the mortgage into the the LLC's name and address to establish "separateness" and liability protection.

I have never purchased a home yet...I am a licensed realtor and want to buy a foreclosure.

Or only a license is more than enough and becoming an agent is immaterial?