If you get a hard money loan with high interest and then are unable to get a commercial loan to refinance then that could lead to an unpleasant situation. 

We missed the stock market crash.

When a market crashes, lending typically tightens up. 

Additionally, looking at 2007 peak, 2008 crash, and the real estate market didn't bottom out until 2010/11. 

Does the stock market crash make a difference at all in this discussion? 

@James Wise  other than investors or owners who have some acute need for liquidity why would sellers who 4 weeks ago had a certain value or price in mind suddenly drop their prices.I can see though landlords who might have mass non payments be forced into it.. but really how many will not pay rent and with all the help out there .. this could be triaged over the next 30 to 60 days.. to me the last buying opp in the GFC it took a few years for values to crash.

I believe they are going to create a stimulus bill for landlords I don't know if it's going to be before the crash but they are going to create one

The Personal MBA by Josh Kaufman is top notch, and gives you a crash course in business education that can be applied to a myriad of industries. 

Is the real estate market going to crash again?

I know there's really no telling at this point but from all the research and people I have been talking to seriously doubt that there will be another crash.