Quote from @Sean Barnebey: This is an interesting opportunity, and it sounds like you’re approaching it wisely by considering the numbers carefully.

I'm not going to continue arguing with you about this on this thread because quite frankly nobody here cares if we are being honest.

So whenever the buyer wants to refinance or sell the property my lien comes up aswell and that's when I'm taken care of? 

I have to pressure them to take care of it. 

That would take the pressure off Tenant A and let Tenant B know you care.

I signed up with them about 3 to 4 months ago, then found out how expensive the loan was to get going with them and told them that I would self finance it instead but they had to cancel the loan first...they use a company called Special Financing Company..the person I spoke to at REI his name is Paul, he said he would take care of canceling the loan, but a month later I realized that they were pulling $599 out of my bank account.

Any kind of non QM financing will have higher closing costs compared to conventional.

Of course we did not wrap conventional loans only private mortgages that had no due on sale..

Lending to Entities Only: (Not required but think carefully.)

@Simon PoweMultifamily will generally have higher turnover than single family and it can also be a bit higher maintenance since the tenants seem to take less care of the units.