California has three ways to become licensed:1 CA Residential Mortgage Law Act License "RML" or "Mortgage Banker" through the CA Department of Corporations which requires a large governmental approval like Fannie Mae, Freddie Mac or HUD Full Eagle in order to apply2 CA Finance Lender License "CFL" through the CA Department of Corporations that allows both brokering [with CFL Lenders only] and lending [but not table-funding]3 CA Real Estate Broker License "DRE" or "Mortgage Broker" through the CA Department of Real Estate which is the broadest and most popular CA mortgage broker license but cannot be used from locations outside of CA.A Mortgage Broker licensed under the California Finance Lenders Law (CFL) of the Department of Corporations, is also referred to as being a Negotiator, or having a Negotiator License.

Now that I've decided on a business name do I apply for a corporation or an LLC?

You only need a CPA if you are required to provide the public with certifications of your financial statements such as with corporations, you could use a CPA, but you probably don't need a CPA (LOL).

Large corporations do this all the time.

A POF showing their name on the bank account for at least the purchase price valid within the last 30 days.If a corp or another entity they have to submit articles or better yet you look up for the state where they are the controlling interest and make the decisions.Bottom line is people that purport to be something they are not junk up the real deals from happening and waste everyone's time.

Watch out and make sure you know who the tenants are for the multi family units and if you have rent control or a protected class there (section 8) etc.Store on ground level if corporate tenant versus mom and pop even better unless mom and pop has strong time open in the business and books with good growth.

Because how can a corporation live in a house?

A secondary goal would be to earn enough cash flow to quit my corporate job :-)

I read through some open source articles and the phrase “unless the LLC opts to be taxed as a corporation” surfaced which I immediately thought, “Why would an LLC want to be taxed as a corporation?”

Also have REIA membership dues due and need to go to the next meeting on August 1st.But seriously, in the meantime, I'm STUCK in corporate america.