Did you become a broker before you started investing?

The mortgage broker I've been working with is by far less expensive than anybody I've found.

Maybe this will cut down the competition on HUDs and shut down all the wannabe hard money brokers.

Some agents enjoy homebuyers and others who are brokers/agents like me can't stand it.I enjoy commercial real estate and working with investors.

Ky If I remember correctly you are buying a 100 unit in the Carolinas from another post you made.Your attorney who might be well versed in contracts will not have the knowledge that a commercial broker has unless possible they are an investor themselves.Doing contracts is one thing but being in trenches transacting deals is quite another.Is this property currently vacant, 50% occupied, or 100% occupied.

I'm a CA broker and like @Steve Babiak you may want to consider a flat fee listing.

@BrookeWelcome Brooke, There are a boat load of agents and mortgage brokers to choose from here in the Portland area.

I was missing out on a lot of good inventory in 2009, I wish I had been more educated.......roll on 3 years and I was told by a broker who deals a lot with BOA REO's.

looking for a broker who is familiar with submitting HUD bids

This mostly affects brokers, as they have to disclose the origination amount (direct lenders don't have to), which will be included in the 3% calculation, along with title fees and everything else.It does help protect borrowers from high charges, but not as much as you'd think.