Sub2/wraps during the crisis, key to jumping in?

[Pete Storseth]

As a new investor, it is way too risky to invest my own or private money into certain deals with all the unknowns.

The banks are attractive if the rates stay low and prices drop, but I'm anticipating future opportunities.

Once the first of April comes, and possibly more so in may, I would expect people to have a hard time paying their mortgage if they had lost income. They may need to downsize, and for those already behind, subject to existing financing will become more likely their best solutions. Furthermore, if banks are tightening up, it could be opportune to create wrapped mortgages for those sub2's.

Could this be a key entry point to investing with low or no money down investments? Will it be more competitive with other investors attempting the same strategy? Is their more or less risk of doing this during a downturn?

My thoughts are that this could create a demand for both sides, ethical solutions and win win wins, and a great low risk investment for a newbie.