The next six to 12 months will likely exhibit the effects of a “prolonged dislocation” in the labor market.

The risk would be a prolonged, serious down turn in which case the house owned outright only contains the risk of not meeting property tax, whereas if you take a loan, buy a second, you are on the hook for taxes and mortgage on both. 

At the price point you're looking at the purchase schedule becomes more prolonged naturally with acceptance of the LOI, and then the back and forths of inspection finance and other contingencies. 

I thought it would be a win-win for both tenants and myself--trying to help out a little in times of uncertainty for tenants, while also mitigating risk myself of turnover and a potentially prolonged vacancy from when the lockdown was going on (particularly when a few tenants came up for renewal during the lockdown and I was very concerned about new placements). 

Alongside other NAR liaisons and committee leaders, Malta stressed the need for a more sustainable long-term solution to representatives from the National Economic Council and White House Office of Domestic Policy Council.After the executive order was issued on Sept. 1, Malta quickly urged consideration of housing providers who continue to fear wide-scale financial ruin in the prolonged absence of rental incomes.

We have savings for vacancy, but are worried that this will become a prolonged issue since it has already been almost two months and they have not even identified the problem. 

I think most of us will take vacations and have prolonged periods of work or other reasons that we might not contribute necessarily everyday.

I stay away from Short sells myself, due to them being notoriously prolonged and fall apart easy.

Occasionally, the insurance company will fail to notify the mortgagee if there is a cancellation, so you should check with the insurance company for current payments.Also,should the borrower declare bankruptcy, you will need to keep up the taxes and insurance for a prolonged period of time without moving forward on foreclosure.

If it will be tough for them to get financing for it, the flip may be prolonged.