I have been talking to some local banks, but I'm hearing that using a broker as opposed to a banker could be a good idea on a longer run (starting from fifth loan onwards).Thank you for your time in advance, BP gang!

And this is the best advice I can give you;- use your own phone number (NEVER use the brokerage number)- get your own personalized email address - interview a variety of mortgage brokers and bankers and don't use the "in house" guy.

That does not mean you must do business with them.Think in terms of corporate defimation....The bankers already thought of this one and got to law makers for protection.

Though I have only two experiences with this and both of which i already had a relationship or "in" with each bank, I would suggest the following:Avoid using RE InvestorAvoid talking/explaining about fixing up houses, dilapidated houses, etc.Avoid the words fix and flip and rehab.Look at it from the banker's perspective and in terms of their normal everyday lingo they are comfortable with.

Also it seems they should be speaking to bankers regarding loans instead of a real estate agent.

Banks likes to see experience if your doing 4 units and above but I would still look at deals and run it past your banker.

While community banks and credit unions can be very beneficial, don't forget that a mortgage banker or broker can also be very beneficial.

When I first got my license, I was with companies like Keller W & Coldwell B and much of the training, etc was centered around residential topics and I wasn't feelin' it, so I linked-up with a friend of mine that started a brokerage that focuses on working with investors- which is my passion and yes... 2 different worlds.So it all comes down to what excites you and gets you out of bed in the morning.If you like the arena of multifamilies, try to link up with a company like Marcus & Millichap or Cushman & Wakefield, etc who will train and support you in working with apartments, etc.

I have recently been in contact with my banker trying to get pre-approved for a loan and things are looking good.

Problem is I have to be able to sell this to the banker.