I appreciate some hosts claiming they see the end of the tunnel, but I believe the industry is hurt for years, not just months, and hotels are better positioned to transit through this crisis than the unstable STR market composed of hosts with no reserve and not enough motivation to stay in this business.

For those of us in Sacramento, we see the homelessness crisis every single day.

it is in the US so I think this forum should move, but it isnt one of the states, nor is DCjust keep up with the PR fiancial crisis - BPOP is almost BK so dont know what kind of loans it gives out - but it might actually offer good deals - Doral is already dead.

Most of the lenders use AMCs after the 2008 financial crisis and this was the only lender that I have come across so far who provides that option but I am sure there are othersI haven’t done a refi with them yet as I am still waiting for my quad to get occupied but going through various posts on BP about financing from various people I know they are very legit private lender.

When the mortgage crisis hit, I lost all the book promised liquidity and learned a lot about maintaining the properties I have as I was locked out of the financing market.

I can see where bankers would think this... did we just not go through a housing and debt crisis.. we seem to have short memories.. 

I heard him say on a recent interview the next financial crisis will be like "auschwitz"  I was like really??

I survived the S&L crisis and weathered the ups and downs of markets on straight commission through the mortgage & real estate crisis of 2008 and watch the markets via various sources both trade and mainstream; that's how.

As we all know the economic "crisis"/recession that we are in has greatly affected many areas of real estate by bringing down prices dramatically.

Part of this is due to the damage being done to small business by the credit crisis (still a crisis contrary to government propaganda).