Price is to high to cash flow, you're paying to keep the house2. 3% comissions won't go 100% to you unless you're a broker, also the title company has to send the check to your broker first and then you can pay off the lender of that money (if you borrow the downpayment money from your qualified relatives)3.

@Mike Thompson I have a dynamite mortgage broker to introduce you to. 

@Jason Lee, in New York, brokers are less inclined to show their buyers homes that are "for sale by owners". 

A mortgage broker may deal with "lenders" that are not "banks."

Mortgage broker.

Now, I am in the process of looking for my first large multifamily, which I will syndicate.That said, I was in discussions with a commercial mortgage broker in 2016 about securing a commercial loan.

If you all recommend a broker and property manager, please share. 

That's your real return.Best way to find out cap rates in your market is to speak with experienced brokers who deal in the asset class you're interested in.

You will want to ask about fees, commission splits and what education and perks they offer to their brokers.

I have started working with the mortgage broker my realtor recommended, but would like to get at least two other offers to compare.Mostly curious about going with a local person vs. some of the online sites, like Rocket Mortgage, etc.?