I appreciate the info.We spoke with our broker & she agreed short sales would be a better deal for us.Also you all are correct about getting pre approved first.

In my area, even being an agent, I still have to pay the tenant's agent fees - on a $1k SFR, that might be $300-ish, plus my broker wants $100-ish for pushing the paper.

Also note that the second appraisal can’t be paid for by the buyer — so either you (the seller) will need to pay for it, or the broker/lender will need to pay for it.

I am lining up my team and have a realtor, attorney, insurance broker, morgage broker, etc in the NY area but am wondering if it would be better to use a CPA in NY or MD.

(isn't this just brokering a house you talked down in price and you're looking to sell it higher and take the difference)-Buy to Rent (self explanatory, right?)

Commercial Brokers?

After the Seller is reviewed for approval, then they order a BPO (broker price opinion) to determine value.

I can tell you I do have experience and that the first thing is to get the ATR signed so that you can speak directly to the lender.If you are not listing the property for sale then the info should come from the listing broker and they should have an ATR signed from the seller with the lender or servicer.It's not that sellers lie in that so much they only remember some things and forget others.Not having one document can waste months of time with a short sale.Maybe what you are referring to the buyers is that a bank will allow a buyer to pay for a sellers moving costs or relo costs as a line item on the Hud-1.AGAIN you can't know what the bank is talking about unless your ear is on the phone and they are talking to you.They will not do that without an ATR form for sharing details.So anything you are hearing second hand is a waste of time.

Costar purchased loopnet.Most big brokerages do not cooperate with other brokerages. 80% of commercial transactions are sold by the same listing broker.

Since this will put me into the 5-10 loan bracket, which do you think is better....finding a local lender to work with who will loan to someone with over 4 loans OR working with a mortgage broker?