It took multiple attempts to explain I want a HELOC product.I ended up working with DCU Credit Union in Leominster, MA area and got 80% of the appraised value.

If after you explain the advantages of purchasing a property now vs later, the buyer still wants to rent, then show the rentals.

@taylorbrugna - I think is the simplest way to show money in when received and out when invoice is paid out.The issue that we have run into doing that is sometimes there are more charges in a given month due to the billing dates.Let's say the June mowing bill came the last week of the month and was paid in June also we then show double the normal cost in June and then we have explain why we had an increase in mowing.

What are your objectives?

Have them explain what they are doing so you understand.

If they ask and you wish to explain you simply say you chose a more qualified applicant.

If you explain the advantages of working with you (no commission, maybe less closing costs if you take some of those, quick and simple close, etc.) but also explain that you need a good price to make it work, and in addition don't put pressure on them to sell it to you because you're family, that should preserve the relationship, whether they sell you the property or not.

Has anybody had experience trying to explain to a broker that you are only interested in hanging your license under them in order to buy and sell houses for yourself?

Do you understand/Can you explain how this works?

I explained my plan was that if the numbers worked out and I was able to get the home, then I would agree to giving them the first opportunity to bid the home, and I would definitely pay for the time it took to write up a rehab estimate to submit to the lender.