Glad to see you have an attorney, hopefully they have a brain and will keep you out of trouble, and yes, there are attorneys who see your screw ups as another opportunity to represent you and charge you again, they are very good at staying out liability issues.

Depending on state law, the agent can not serve two masters under agency law, they may represent the seller with limitations or, the agency relationship may change only to facilitate the transaction.There is a duty to inform the principal, the seller.

Sometimes its not the company that is the problem, sometimes its the agent representing the company, and sometimes its the company.

Unfortunately, after all the housing melt down banks helped to create through their unlicensed loan representatives, they've once again been given a Wink and a Nod by the government and have succeeded with the very confusing New Good Faith Estimate.

I do not want to waste time.How do I go about finding clients to represent?

I understand you buy basically what amounts to a pre- sold property, but is it in your name, a business entity, or are you simply a representative of the buyer?

A lot of lenders will show you the guidelines but that may not represent how their bank or head underwriter/credit officer will make the final call on their interpretation.

Do you go to court and represent yourself?

Put those numbers up here and I'll tell you what I would pay for the place.TaxesSewer and WaterTrashHeat/UtilitiesHOACap Ex and OpsInsuranceMgmt Fee - as a % (general consensus here on BP is 10%. include it even if you think you are going to self manage)Vacancy- as a %. (8% represents 1 vacant month/unit/year)

I’ve already asked for references of investor clients I can speak with and will be having a phone conversation with their representative on Friday evening.