Disclosure Of Being A Real Estate Licensee
Does it make sense to obtain a real estate license if we are involved in investing? On the positive side, I could list any properties that we purchased and wanted to sell. On the downside though, we would have to disclose my license status to any prospects. Whether we are working with someone who is selling their home on their own, or it is a preforeclosure situation, it might seem suspicious to be approached by a real estate licensee. Thoughts?
Have the bank loan the money and sign the promissory note at Member, LLC. The bank will also want a seperate personal guarantee. If you are married Washington is a community property State see if the bank will allow your personal guaratee as your seperate property only.