Pros and Cons of Using dual agent in MF investment

[Leon Lee]

Hi, BPers

I wonder whether it is a common practice in using dual agents in MF purchases. I asked because (1) MF market is red hot in many markets of the country right now; (2) I used dual agents (or agents from the same brokerage) purchasing several SFHs in the past, and my (maybe native) impression was that it did help get me a hot deal and (3) There are MF investors who are doing direct marketing campaigns can avoid CRE brokers completely and only use RE attorneys in these deals. Fully understanding that building a good relationship with a resourceful CRE broker is critical, I am trying to come up with different strategies and would like to hear inputs (i.e., pros and cons of doing so) from your experienced MF investors.

Many thanks!

Lee