they make money servicing not originating new loans. 

That’s why my original post focuses on what can be done within that space to address affordability.

COGO is legit, but I can beat them usually on origination points.

It’s is best to invest in short holiday rentals , there is always high demand for this kind of apparent Originally posted by @Paul Schu:@Morgan Nilsen I agree investing in the US probably has a better cash flow potential but I think Dubai might have a decent appreciation.

I suspect the person who originally turned it into a fiveplex only applied for permits to make a fourplex and then did the 5th unit fly by night (perhaps at a later date) in order so the property would still be considered residential and allow for better financing possibilities.

My original plan was to buy 15-20 properties with REI if things went well. 

If was originated as owner occupied in the past and no longer is owner, if you have change of name on deed or insurance, if impound had a dispute, claims - are a couple reasons why the servicing changes.

Those two things have ZERO connection with each other.That is why I responded to the original OP.The effectiveness or accuracy of delivering "DATA" has nothing to do with finding motivated seller leads.

Buy strategically, and if you do it right you may be able to get that 2nd one quicker than you originally thought and sit in a better position than you do as of today.

Understand Replacement cost versus original building costs.