Posted by Sam373 on September 04, 2001 at 10:18:18:
You do not need a license to invest in real estate, including flipping, buying foreclosed properties, etc., but if you do, you must disclose it to everyone involved with your transactions.
In reality, this is not a big deal, with the exception of the occasional seller who will think that you are too “slick” to deal with.
The courses designed to obtain a real estate license, at the local community colleges or those offered by the large RE companies, are great sources of knowledge – many who take them do not take the actual test for the license.