What is the supply and demand situation in Las Vegas?

Check with your regional banks to see what their construction and stabilized loan terms are and how much cash you'll need to bring to the table 4.

Eventually, the residents stopped paying rent and left, so the situation resolved itself.

If you’re not using a primary residence loan then I’d go for the triple because it would likely cash flow better than a duplex

I used a conventional loan and put down 5%.

Applicability of the tax or legal principles discussed in this material may differ substantially in individual situations.

For example, lower down payment requirements, FHA loans, and other supportive housing policies make it possible for more people to buy homes despite the high market barriers.Another factor might be the generational wealth transfer from Baby Boomers to Millennials and Gen Z.

Usually the minimum loan amounts are higher compared to a 1-4 program with a loan minimum often of $400K.

I took out a construction loan 2 yrs after the purchase to rehab it.

And as @Jay Hinrichs mentions, in some states the borrower can reinstate and you become the owner of a paying (or in many cases, a non-paying note again) and you need to start the foreclosure process all over again.It sounds like you may have a tape from Kondaur, they are notorious for taking their loans right up to the foreclosure then dispose of them.