Yeah, he gave almost no information on the specifics, but if you read the quotes from Cuomo in your article, you can see he is targeting the W2-style homeowner. 

I don't have an expensive life-style and don't need much money for myself.

I started my investing in Fort Worth and a number of my flips were in older neighborhoods near downtown where I could add a master suite for about $105-$110 a square foot, and have the finished product selling for over $200 a square foot.There seem to be plenty of small 600-800 sq ft bungalow style homes near downtown Raleigh and downtown Durham that would be perfect for this.

Should you bid lower on multi family properties compared to other style homes like SFHs or condos?

We usually have an open house-style showing where up to 40 people may show up (usually staggered throughout an hour). 

Purchase price: $950,000 Cash invested: $25,000 Contributors: Ryan Daigle, Chris Levarek 16 Townhome style apartments, 2 bed/2.5 bathrooms.

Prices will drop a bit to bring more reality to the frame, but 2008-style discounts aren't likely, in my opinion, unless this crisis drags on indefinitely, which I don't think anybody expects that it will. 

Let's hope those affected make a speedy recovery and we see a federal program to support those who get behind on their mortgage payments so we don't see a 2008-style mortgage crisis all over again.

Let's hope those affected make a speedy recovery and we see a federal program to support those who get behind on their mortgage payments so we don't see a 2008-style mortgage crisis all over again.

(Social distance yourself in style in this Amazing 7br Resort Pool home!)