REAL ESTATE . . . loans , lending ... - Real Property Management

? ?

Question by SA_MAN: REAL ESTATE . . . loans , lending , permits , lisence?s , ect.?
if i get my real estate permit, and or lisence am i qualified for a loan ? will banks or other type of lenders loan me money even with no credit ??? im 23 yrs old im going to go get my real estate lisence what should i do from there ??

Best answer:

Answer by lilmama24
being a licensed agent has nothing to do with getting approved for a loan. you will more than likely begin to meet lenders and other people in financial service industry that you can work with, but your ability to get a loan will always be based on your personal income and credit history. at 23 you need to begin building your credit.
while you are preparing for the licensing exam you need to begin interviewing brokers. in ohio where im from you have to have a sponsering broker (an experienced agent with there own brokerage) before you can sit for the exam. you need to determine if you and the broker have like goals. it took me a while to find someone because i have a specific interest in real estate.investments. i prefer working with investors how buy and lease their properties, or rehab and flip. find out what interests you the most. the market is not what it used to be, and the days of getting a license and getting paid quick are over, unless you have a serious plan.there are many areas of real estate, you dont necessarily have to be an agent. property management is a good area. there are always investors needing someone to deal with their tenants, and if you ge tgood at it investors will begin to seek you out.
not to be harsh but it sounds like maybe you need to do some reading about the industry so you can find out what really interests you.good luck.

What do you think? Answer below!

Source: http://realpropertymanagement.tk/real-estate-loans-lending-permits-lisences-ect/

earthlink associated press breaking news usa today hcg diet insight jennifer garner