Any thoughts on the lending environment in 3-6 mths?

The lending environment is changing daily so things are a bit uncertain but still functioning at the moment.

The tanks deteriorate and leak into the environment.

You also need to fact at least 25% vacancy in you underwriting right now due to the economic environment right now. 

You could sell it to a wholesaler or investor at 70% market value with just a video tour but you won’t get a retail buyer.Our plan of action given the current environment is to list the new properties as “coming soon” on Zillow and other sites now with the photos and video tours to gain momentum but we won’t actually list it for sale on MLS until we’re able to get people in to see it. 

Should you be doing more marketing to a specific group who are more motivated to sell because of the current environment?

I would say to be extra cautious in the present environment with making offers as any type of property could be going several months with little to no revenue against it.

We believe they are critical for the viability of Lima One and the entire private lending space.We will continue to monitor the market environment and sincerely hope to be able to reopen our Rental lending as well as expand FnF and Multifamily programs as market rationality returns.

Perhaps some do it to help provide people with decent living environments, while simultaneously making a satisfactory living themselves.

The economic environment does not care about my feelings about what is happening.