*Mortgage Broker One who is savvy, creative, and experienced with investors.

I have one last mortgage broker work for me right now, but I'm not overl optimistic, since my stated income status is like kryptonite to the lenders.

This is mostly a book written by someone that was a real estate writer for the New York Post for a while, tried to become a flipper, became a broker, and has a bunch of cute little stories to tell you about Manhattan.

to get maximum exposure to the market.Also, the pricing of the short sale will be fixed by the bank in a Broker's Price Opinion (BPO) according to the comparables, so no matter what price your homeowner agrees to, it has no standing when the bank names their price for the house.I only way I can see you making money on this is if you either refer it for a fee to a short sale specialist in your area (please check to see what the referral laws are in your state) OR buy the house yourself if the BPO comes in at a good price.

Most commercial brokers will tell you, don't look at cap rates!

You have to have a broker submit a offer.

I would really talk to a mortgage broker and get pre qualified and then focus on profits and cash flow.

When you say private money are you talking investors, or finding brokers that specialize in LTV rehab loans.

Their terms sounded similar to yours + I still had to add on my broker fees.

Forum Members,I've heard that the best way to break into the CRE Business is to get licensed with t he intent of becoming a broker.