Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago on . Most recent reply
Question about conflict of interest
I have a mortgage broker who seems intent on actively steering me away from any rehab properties and into "retail" level properties. I have also learned that he is a flipper himself in the same area that I am looking at. While I have no direct evidence of any type of malfeasance, the appearance of a conflict of interest seems pronounced. I am interested in other peoples take on the issue. Am I being paranoid? Is this a reportable issue (and to whom)? Should I cut and run?
Thanks for any advice!
Most Popular Reply

Wayne Brooks
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,509
- Votes |
- 23,418
- Posts
He may only offer traditional conventional/FHA loans which most rehabs won't meet condition requirements for financing.