Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.If you work in the Gig Economy, are a 1099 worker, a 1 person business, independent contractor, work for hire, self-employed, you are eligible for a payroll protection loan, along with any business with less than 500 employees.

Considering the potential fallout from the COVID-19 crisis, I am considering paying off my mortgage with my HELOC. 

I’m a landlord in Chicago, I work in a hotel and was laid off due to the COVID coronavirus crisis.

Add that to the high number of hourly and tip-dependent workers in tourism and restaurants, and the Miami-area ends as the third-most economically exposed cities in the U.S.For the local multifamily market, that may spell trouble.The study, San Francisco-based apartment search platform Apartment List, ranked the Miami metro area of Broward, Miami-Dade and Palm Beach counties just behind Las Vegas and Orlando when it comes to the size of the population most at risk economically from the coronavirus crisis.

@Greg Dickerson what have LTVs in the commercial multifamily space been pre COVID, and what have you seen them shifting towards with the advent of this crisis? 

Many are likely to be renters and will be struggling to make monthly payments going forward.When contemplating an investment in small multifamily during and post-crisis...how target rich will be distressed sellers holding small multifamilies with incomes based purely on market rents as opposed to subsidized Section 8? 

Crisis.

Rental Property owners in standard SBA 7a programs are not eligible.The reason rental property owners are eligible is because disaster loan programs are run through the SBA for small businesses and home owners in crisis like hurricanes and economic crisis.

But there are some very sinister things everyone ought to know about the USPAP document.USPAP was originally written in the 1980's after the Savings & Loan crisis (maybe some of you remember that event) where the fact of the matter was, banks were employing appraisers the same way they do now, to value an asset for purposes of underwriting a loan however, loan brokers and appraisers were too "cozy" with their work together, and were even employed by the same bank and working in the same office in many cases, where fraud began to find it's evil way into one bank, then another, then another.The important part to remember here is that while each bank is it's own entity, the industry acts as a whole sometimes, similar to how the real estate market acts as a whole sometimes. 

They did not even ask for a handout, but I want to give them a gift of money just to help them considering how overwhelmed our NYC hospitals are AND how scared they are to give birth here.In a time of crisis, not every Landlord has the means to help.BUT, if I have that means, I will help the ones who are struggling since I can verify that they happen to be struggling during this time.I don't see my tenants as only tenants.