Once lending standards loosen up, get a HELOC to tap into the remaining 15-20% of equity

Before it was 20%.. now that standard has loosened.

These assets will get CRUSHED, and the banks holding these notes have to make up the losses across other performing asset classes in their portfolios like affordable housing.When commercial tenants recover, we will see banks loosen up.

@Audrey Moore I am already starting to see the market loosen up meaning the deals seem to be a little better than they were 30 days ago.

Though those are also starting to loosen up.

The rebound in sales largely reflects the loosening of restrictions on business activity after two months of stay-at-home orders.

In our experience, things have really loosened up with the re-openings with the exceptions of CA, IL, and NV.In May, we foreclosed on a note in TN and were able to get foreclosure sale dates for a couple of notes in TX.

Bridge debt is tricky right now, but I've heard it is loosening up.If you are syndicating, and do a 70% LP / 30% GP, the GP could be split up as follows (these splits can vary).GP 30% of the deal:Asset Manager 25%Money Raiser 30%Deal Finder 5%Earnest Money Deposit 5%Net Worth 7.5%Liquidity 7.5%Experience 20%Like I say, these percentages vary.

I'll for sure take you up on your offer, message me and we can schedule a time to talk over a few beers after this whole pandemic loosens up on such activities.  

I live in LA and the ADU restrictions have loosened so this shouldn't be too much of an issue legally.