Imagine a $2M loan not requiring a down payment.

I would imagine that it would need to come down when renovating. 

It is a lot of money so I imagine there should be a contract of some sort. 

I imagine though in my opinion not as a legal professional that the seller being the bank would be much more likely to get in trouble.

I imagine you want the lowest down payment ?

And although @Michael Plaks makes a great case about tenant destruction (he doesn't trust anyone :), if your model was a short-term rental you won't have nearly as much wear and tear I would imagine. 

I'd imagine a lot of people would like clarification on those discrepancy's that were noticed in the thread. 

I imagine there are many areas that don't allow STR's.

A wake up call for many who have only been in real estate for under ten years and realize not only can they lose money, but they can get completely wiped out and those who started with say $100k investment in 2018 that made 2x are finding that not only is the $100k they made gone but also their original $100k and it will take a bit of time to recover….

Imagine your mortgage going from $1500 to $3000?