Hi all,I own a condo and I am thinking of going down the MTR route vs long term.  

This form is sent to the borrower, investor, and the summary form is sent to the IRS.Other fee for services may include door knocking, bankruptcy research and filing of proofs of claim, providing credit reports, workouts with borrowers, loan modifications, short sales, REO (Real Estate Owned) management, inspection services, foreclosure management, etc.SERVICER OF RECORD OPTIONA servicing company may also offer you the opportunity to do your own workouts with the borrower while using their license as “insurance” (this is what we meant by “insurance reasons”).

@Kenneth Soles  I have done this too many times to count.and after all the years of dealing with folks that lost their home be it tax foreclosure ( very very rare on the west coast by the way)  or Trustee or Sherrifs sale ( most common).Rent back can work but usually turns into an eviction shortly .Sell it back is another pipe dream.. unless your willing to owner finance it.. then you have the dodd frank stuff if you want to be letter of the law compliant.

I'm super happy starting off with single family medium or long term rental strategy, hold for as long as makes sense, and keep purchasing the same type. 

I would like to re-finance into long term debt once the project is finished using a DSCR type loan.

We have not been successful reaching the previous owner, and even if we did - we don't believe he would be honest with us.  2 of the 3 units are occupied by a brother and sister.Ideally we would like to get them out.  

I say that to say I am in a negative whole in terms of ROI, Ive spent so much time and money on wholesaling, things like a guru course, buying lists, dialers, and even some Facebook ads.

Was anyone able to successfully push back on PG&E about this?

The deferred origination fee is paid to the lender when the loan balance is paid off, so the borrower comes with in with less money down at the time of closing, but is on the hook for the fee once they successfully pay off the loan. 

I am an investor myself here in Columbus OH and have a successful rental portfolio - some of them Section 8 housing.