Originally posted by @Elizabeth Lee:@Jay Hinrichs How does this feel different than the last cycle?

Good Afternoon All,Before COVID, I was looking in the NJ (Elizabeth and Newark) market for a multi-family property.

Hey all, since many of us are cooped up in the house, and since I am new and want to engage with the community, I figured I'd ask this fun question:Who would consider themselves to be the King or Queen of lowballing? 

@Amanda Gisonni @Jazmyn Washington @Jamie Brayton @Elizabeth Harding these are all very helpful responses.

I have bedding, towels, brand new sets of dishes and cookware, microwaves, coffee pots, flatware, 50" smart tv's, eLocks, 4 queen mattresses and one king, platform beds, art work, rugs.

“It does not mean you won’t owe rent” at some point.Cuomo previously issued an executive order that postpones mortgage payments for 90 days for individuals under financial distress, a move that will not effect credit ratings or result in any penalties.A bill proposed by Senate Deputy Majority Leader Michael Gianaris, D-Queens, currently in the Senate’s Finance Committee would allow tenants experiencing financial hardship due to government restrictions in response to the coronavirus to make rent payments up to 30 percent of their current income or their contractual rent, whichever is less, per month for the duration of 90 days following the bill’s effective date.

And can continue to do that even with this virus , I really want to be ready to buy if the opportunity presents itself but how can I put myself in that position to qualify when houses are in the 500-800k range in Queens areas I'm looking

View report*This link comes directly from our calculators, based on information input by the member who posted.Hellow Investors, I'm looking to purchase my first property in NYC/NJ utilizing an FHA loan (currently renting in Queens NYC). 

You should reach out to @Mindy Jensen, not only is she the queen of the live in flip, she just so happens to know a thing or two about Longmont.

Currently renting 2,300 in Queens, NY but wanting to have a bigger place.