Until the house goes through the foreclosure process, I am making monthly interest payments.

Hi Saul,Vegas and Phoenix are on the pricier side, so you'll need to put a large down-payment down if you want to cover all your expenses with some cash leftover. 

There are tons of loans out there that use just the projected or actual income from a property vs the payment of the property (DSCR loans). 

Use the 20K as a down payment on the next house hack and don't touch your current properties equity.

This lead to piecing together payments here and there and drastically slowed the construction process and major cost overruns.

But for large multi-family, that amount hardly covers your legal fees for one transaction, let alone down payment, due diligence costs, lender fees, other closing costs, etc.

Take the payment in 2 or 3payments.

With $250k in cash, you can easily do down payments on 5-6 rental properties here. 

Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).I'm trying to determine the best approach for the 25% downpayment, comparing using...

Lock-out, should they continue to not come even, would be typically less than 14-days.Unless the tenant comes even with the rent (which would result in dismissal of the non-payment of the case), there is generally limited defense to this process.