Then we need to subtract transactional cost of selling (broker commission), so that brinks us down to $64.5 million.  

The good news is that Fannie Mae and Freddie Mac recently relaxed underwriting guidelines to allow for it.i recommend checking out Freddie Mac's Home Possible and Fannie Mae's HomeReady program.Outside of that, working with a mortgage broker can also help you shop around for lenders that allow for boarder income.Good luck!

I use a broker, she shops for me.

Quite frankly new note brokers have very little chance of success.  

That could be as high as $14K to $15K not to mention Title fee's, origination fee's and days of interest another $7K to $8K.If you choose a lender or broker and they hit you with lender/broker fee's/points that’s another added cost.My best advice as a Banker is reach out now get a Pre-approval letter up front and give the Bank an idea of what neighborhood or a "mock" address and you can get an actual quote up front to avoid surprises.

I try to refinance house 4 and it doesnt work and thats another long story but i went through a broker and they royally f'd up IMO.

Hey @Jessenia Hartage - I'm a broker, investor, property manager, in NYC. 

This would also be a good chance to meet with some brokers to see who will be a good fit to hang my license with!

Just starting this process, but are their agent who simply deal with laundromats… or should we deal with a business broker?

What if you got more education, attended a mastermind, or focused on meeting with brokers or networking with successful investors.