I have reached the conclusion that I should refinance my house and pull out 40k equity (I have 55K I could pull) through a government refi (at 95%) my broker told me about at 6% for 30 years making my new payment 730 and saving us 470 a month.

For full doc I would suggest either using local banks where the property is located or finding a broker do refer you to one of these.

I am in Atlanta and I also broker hard money loans.

The challenge in a Coop is finding a TBer to pay your fee (most of the time the assignment fee is 3% of value, and many times the 3% has to be financed in a promissory note or borrowed from a family source or a finance company).RE: Notes, there are terrific sites about creating a note and selling the note at a discount to a note broker-note buyer.

I am an International List Broker and have access to every list availible if you give me your search criteria.

Some mortgage brokers are telling me that the banks will not even take the loan because the loan amount is to little, so their fees will be too small.

It appears the state of Louisiana has shut down the unlicensed broker jokes

He was the son of a stock broker and Congressman.

If you use his forms and go step by step you will seem like a seasoned multi unit investor to the brokers and sellers you approach.For more advanced or creative financing techiques I think you will have to look elsewhere.

I am being told by the loan broker that nobody does those because we would still be liable for the loan if the tenant doesn't make the payments.