Not a fan of the author's penny-pinching mindset (i.e. always get a deal even if it's pretty much a steal) but the techniques he teaches are IMO legit and also even if you don't use them it's super helpful to be able to recognize if someone is using them on you.

While you are educating yourself, pinch your pennies and start saving! 

Another advantage to the 30 is that if you get into a pinch, your total monthly payments are a good amount less than a 15-20 year.  

Let's say the number is three months without really feeling the pinch.  

But the cash flow is better and you will hopefully not be in as much of a pinch when a tenant stops paying rent or have a vacancy. 

So wholesalers probably going to feel a pinch when their buyers cant get financing etc.Key now is to keep on good terms with lenders you have and hopefully they will stick with you.  

[Status]Liquid Asset: $90,000 (stock, bonds)Non-liquid asset: $30,000 (pinch-proof 12 month living cost)First-home buyerUS CitizenCredit Score: 788Work Zip code: 75023

However if it is going longer 6 months to a year then developers will begin to feel the pinch of cash flow.  

Sellers are also looking for a quick sale if they're getting pinched elsewhere due to covid fallout. 

This lack of rent income has put a big pinch on us as it's our primary income source.