This is obvious - there's only an advantage to be had in refinancing for any homeowner or landlord.I was going to wait a few more weeks personally, a move that I think is validated (accidentally from a market perspective and government action I certainly did not predict) by the Fed lowering rates.For now, I'll continue to be patient and get ready to refinance when demand settles down again.

I predict that we will all learn a good lesson from it.

If this virus panic truly only lasts 3-4 months, and there is so much government assistance becoming available, why do some predict a total disaster greater than the 1930s?

I'm not going to attempt to give direct advice, as I'm not privy to enough details and can't predict the future.

-As far as unemployment benefits available immediately upon full or partial loss of work https://www.nhes.nh.gov/services/claimants/index.htm I'm guessing that some of the available resources will get used up pretty quickly if the rate of business closings and job loss approaches the levels that some have predicted, so if you're in a bind, it makes sense to seek these resources sooner than later.As has always been our policy, we will make reasonable efforts to work with tenants who are financially affected by the pandemic with the intent of getting through this together, but publicly funded and private charitable organizations should be utilized first.Best wishes from my family to all of yours.Troy_________________________________It is my hope that these messages set the stage for tenants to do what is in their power to meet their rental obligations, as well as to remind them that I care about them and will work with them to get through this so long as they show that the consideration is reciprocal and that they care about about our interests as well.

I'm trying to predict how this will play out if we get past the amicable stage in an environment of this flu thingie.

Fix yourself, get on a solid financial footing, THEN invest so you don't have to panic-sell when the stuff hits the fan....because it always does and like this virus you cannot predict when.Bottom line: buy for value and cash flow.  

I wrote a BP blog post that goes into more detail on my thoughts on the immediate and medium term future:8 Coronavirus Pandemic Predictions (for Non Performing Notes)I've seen differing opinions from other note investors I respect so I know not everybody will agree with my predictions.

Everything changed in an hour.Goldman predicted 14% decline in GDP for Q2.

The economy is predicted to get worst and with 20% of Americans predicted to be unemployed I really don't see how the world will look in the future.