Securities and Investment Advisory Services offered through DFPG Investments, LLC.[1] Multnomah County Executive Rule No. 388, March 11, 2020[2]Marcus & Millichap, 2020 Multifamily North American Investment Forecast

     * House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA     * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?

In Boston, where I also occasionally sell and have properties, Id be looking at even a later date than that due to weather.

This way we reduce our monthly legal expenses and have cash reserves to weather the next few quarters during the virus.

.● The soil around the foundation should be watered with 1-2 inches of water per week during hot and dry weather patterns.

Especially the cold weather markets.

Given Cleveland's cold winter weather, this downturn wasn’t entirely unexpected.

That being said, you never know what the weather might bring. 

Weather cools, people are busy with school, resting from summer, prepping for the holidays, etc.

We don't have the Midwest weather, high property tax, old homes, high insurance, high maintenance, or state income tax.