use a broker or not?!? - Posted by mnj31

Posted by - Jimbo - on December 23, 2002 at 09:01:58:

To broker or not to broker…something to ponder.
Just like your screen name, your question lacks any
information that is truely needed. Mark is it? Well
Mark, is if for a commercial property? I’m assuming
it is commercial Mary, but its not clear.

I don’t mean to be harsh, or mean either, but please
be more specific and get the question answered the
first time.

  • Jimbo - Advice worth Million$

ANSWER: Go where you get the best cash flow because
of APR, closing costs, anything really. If that’s
commercial, then a broker may provide that for you.
They are typically better than your standard bank or
CU down the street. Brokers have conventional and
unconventional loans, but I don’t know what you would
want (I need more info ). What a long answer.

use a broker or not?!? - Posted by mnj31

Posted by mnj31 on December 23, 2002 at 07:35:00:

Should go through a commerical broker to obtain financing

brokers/cashflow/flip - Posted by mike

Posted by mike on December 23, 2002 at 09:18:13:

Oops…something happen to my post! sorry about that…
i meant, we’re looking to acquire real estate for cash flow purposes…to obtain acquisition financing, should we find the lenders ourselves or go thru mtg bankers to get the best financing possible?
also, we’re trying to determine a good strategy for us…my partners want to flip properties for awhile, while i’m learning towards cash flow…any thoughts? does it depend on the market?