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Updated almost 5 years ago on . Most recent reply
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Landlording during Coronavirus Covid-19
What are landlords of SFR and MF planning on doing with rent collection April 1? I've heard ideas of: payment plans, using last month's rent, using security, 10-20% discounts for paying in full.
Also, have any investors talked to their lenders about putting the next few mortgage payments onto the back of their loans? I have decent cash reserves to weather a fairly hefty storm... just depends on how long the storm is. I was thinking it wouldn't hurt to build up additional capital if lenders will allow it. I know primary mortgagors have options... wasn't sure what everyone has been hearing about investor mortgages.
Depending on how long this goes on, things will get real interesting. Uncharted waters.
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