The commission is divided between the SO - selling office, and the LO - listing office, with each usually getting half.

What would you consider a good candidate for a cooperative assignment L/O?

When you do approach a LO, I would recommend really making sure you have your ducks in a row and have all recommended documents ready to roll.

@Todd Ashley that's not a Covid overlay, that's a regular FHA guideline, but this is where most people get confused, including many LO's too.This only applies in order to use rental income from the UNIT you are vacating, you need to show 25% equity in that property.  

My loan costs are cheap 2 1/2% LO and a 12% annual rate.

However, you can get a gift from a family member for your 10% down payment.Your best action is to speak with a creative LO who knows what they are doing to help you navigate this within the lending guidelines.Best of luck!

Smaller cities are where the LO/WLO/Sandwitch trainings are doing their own deals. 

Just do a Sandwich LO.

@Andrew Montaldo He should be able to land something in the 5s with a strong FICO even in commercial space right now if he connects with the right LO

Lo and behold, yet ANOTHER request came through just today asking that we update our list of assets because that has now expired since it took so long.