A broker has the ability to shop your deal to many different lenders they use.

Although commission is negotiable, when I notice a client who starts shopping for a 'better deal' or discount, it's time to pull the plug.

Please be careful when you're buying properties on line or from seminars.

Maybe look for a discount agent who will place it on line and handle disclosures but not be required to do any showings or negoitiating.

In the next couple of years when all the adjustable rate mortgages start to come on line we are going to be facing this hole problem all over again.

Everything you need is right online.

So if it takes about 3-4 months to foreclose on someone, I would expect to see the market to be flush with foreclosures starting 2nd quarter 09 and the housing market bottoming out starting in 3rd quarter 09 since their should be less foreclosures coming on line to depress the market with.Therefore, my objective between now and then is to accumulate properties now for cash flow and position myself to be able to accumulate more property in late 09.

I have found the most success finding both buyers and sellers by doing online classifieds with driver ads to my website where I can capture the information of interested parties.

Quicken Loans is the nation's largest online mortgage lender.

It's also relatively easy to put together larger teams of bird dogs by utilizing message boards, Craig's List, and other online resources.