Episode 2 - Limited License Limitations

What you'll get

Ryan Cody and Joel Macon use a limited-license holder who wants to build a $2 million home to show why borrowing a friend's higher license counts as license lending, and they describe the proper routes: raise your limit before you sign, with an agreed-upon procedures report, an audit or a bond, or form a joint venture in which both parties hold the right classification and one holds the right limit. They add that a licensee with a residential classification cannot bid a commercial project by borrowing a building contractor's permit.