My business partner provided the upfront cash for the down payment, and we used hard money to cover the remainder and the rehab costs.

When do you make owner payments?

For example, my average terms are 90%-100% LTV and 10% interest flat no points or pre-payment penalty.

A little update with the bank, they are now telling me that they aren't even going to consider a settlement or a short sale unless the past due 14 contractual payments (around 8-10k) are paid.

Since you are using an FHA I’m going to make an assumption that you are putting a very low down payment on the purchase.

Anthony,You would be surprised by using some old school methods like simply writing a letter like you mentioned. 

Additionally, they managed to refinance while the rates were at historical lows (and still somehow cashflow negative ik 😭), so any loan methods that involve changing those rates are not ideal.

* When do you make owner payments?

I have STR investors in Florida making 25% cash on cash returns, long term rental investors picking up properties directly off the MLS and cash flowing day 1 in various states, and house hackers completely removing their housing payment from the picture allowing them to save for for the next property.The beautiful thing about real estate is there are so many ways to succeed and a plethora of strategies depending on your comfort level and how active you want to be.

We are not talking about a payment portal for a PM where as long as it processes, it's fine.