I don't see how CAR can dictate whether you choose to go FSBO or with your broker if you are licensed.

Find a good broker who is knowledgeable about the FHA guidelines and works with a lot of different banks; often, it's the regional and more local banks who are willing to do the under-90 day flip financing.In terms of larger banks, some Wells Fargo loan originators can get this done and some Flagstar underwriters will do it as well.

I have my Realtors License, but do I need a Brokers License.

The agent is legally required to submit the offer to the seller for consideration, and if the seller chooses to make the bank aware of the new offer, that's his prerogative.If the agent refused to submit the written offer to the client, speak with the agent's broker...

Reo Broker just emailed me that his SFR listing in 90043 just fell out of escrow because buyer couldn't secure loan. 4Bed/3bath 1800+ square feet just reduced to $290k.

Kalyn everyone wants cosmetic properties.You will find regular home buyers do not have to resell and will accept way less of an equity position and pay a higher price to get a home cheap with a low monthly payment.Their goals are totally different than a rehabber.This is why a bunch of success is taking on properties where a home buyer is not a competitor but it drives down the price with the property not being loan ready.If your offer of cash is just slightly lower than a finance home buyer the asset manager might still choose you.If there is a wide difference the asset manager might take a shot with the finance home buyer to net more.It depends on a bunch of factors which is being at the right place at the right time.You also have to understand local,regional,and national banks make decisions in different ways.Kayln are you offering to let the listing broker keep all the commission are are you getting greedy and asking for the co-op??

Mike,It is possible but think about this, the broker or agent is looking to get paid.

For others, it would seem helpful to talk to being tied into a network of note brokers, having a sizable group of other active lenders, etc., though with no assurance of course that they'll recapture their investment at par.2.

He did not get the lead from the broker....Any ideas?

After I had that loan, I've been able to finance two more properties with mortgages so I"m confused as to what the exact calculation is being used since my mortgage broker has never had an issue financing me or selling off my loans.