A Coronavirus Rent Strike Could Leave Renters VulnerableBy:Caroline O'Donovanhttps://www.buzzfeednews.com/article/carolineodonovan/coronavirus-rent-strike-risks-tenants"A mortgage payment freeze would provide relief for landlords, some of whom say they won’t be able to make their payments without rental income.

Pros: Better chance to sell ahead of a market that may turn sharply or freeze.

Freeze it, ask to pay cash on the spot or covert it to a HEL.

There is a big freeze on non-QM mortgages until we can get the servicers of these mortgages shored up. 

Maybe rates will be better in three months and you'll kick yourself over the $25 (or whatever) per month you could have saved in interest, but maybe if you wait, the credit markets will freeze and you won't be able to take out any cash for 6-9 months.

Basically the message is that they are demanding that the governors of all states "freeze all rent, mortgage, and utility bill collection for 2 months, or face a rent strike". 

They can also change their offer at the last minute, rescind the offer altogether, or make the loan and then call it due or freeze it shortly thereafter.  

With this sort of agenda, there is no long-term victory, because it's a completely impossible platform.Further, a rent-striking tenant is highly unlikely to be well-capitalized - otherwise they would not risk their housing and credit for the long-term in order to capitalize on a temporary eviction freeze.

Several iBuyers are freezing up acquisitions at the moment, those on low cash reserves are frozen up on acquisition, interest rates are on the floor, retail buyers are too shaken to contemplate much more than just doing a refi and riding it out.

I'm concerned that banks may start freezing HELOCs if the housing market gets hit hard by this pandemic.My thought is to pay the monthly interest on the HELOC ($436) and add an additional payment equivalent to the principal payment from the former mortgage.So, what do you guys think, is this a stupid idea?