The main thing a real estate license does for you is give you the right to represent someone other than yourself in a real estate transaction.  

My business partner has a slightly better idea but he has been in Maine for about 8 years.

Hattie, In terms of an exit strategy, I am doing primarily flips as the main business activity and for the time being.

I've read up a little on fix n flips but like I said my main goal is to buy investment properties for passive income, but I'm willing to do whatever it takes to learn that business.

Hard money is mainly used for short term investments, due to high interest rates.

That experience taught me some lessons, mainly I love doing the rehab work and that you make money when you purchase!

It sounds like the main thing Is, I need to have appropriate reserves in each LLC to cover a big dip in occupancy.

The business is located in Brooklyn New York and there will be roughly 3 agents working with me  It is mainly a commission based on sales and rentals fIrm  and though it has survived the last 20 years it needs new business model ideas. 

Hello. My wife and I have lived in and flipped 2 house and done one straight flip since we got married. We are looking to do more in the area soon. Glad to have found this awesome resource.

Two main reasons for it, #1 is networking, if they send the lender some business then likely they can get some in return. #2, by using the lender they work with regularly, they can be confident that the deal will go smoothly.