![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1712622/small_1621514968-avatar-deionm5.jpg?twic=v1/output=image&v=2)
1 April 2020 | 3 replies
https://on.mktw.net/39GiJIZ Check out this article from MarketWatch - These mortgage borrowers will be ‘the first canary in the coal mine’ for a coronavirus-fueled foreclosure crisis, regulator saysIt seems to me that Corona May impact the real estate market severely depending on if the virus can be slowed down by the heat.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/212892/small_1637356957-avatar-billallen.jpg?twic=v1/output=image&v=2)
7 April 2020 | 11 replies
I wanted to share a quick update.Nobody knows how the coronavirus is going to hit real estate investors.But here’s one thing I’m seeing in my business right now…The other day, I asked my team to analyze our lead flow over the past 2 weeks in the 3 markets where we’re flipping and wholesaling houses.This is what we found…- In Pensacola, our leads from Google ads INCREASED by 17%.- In Chattanooga, our leads from Google ads INCREASED by 75%.- In Nashville, our leads from Facebook ads INCREASED by 60%.This is a pretty big swing.These are qualified leads (meaning they’re real sellers with real motivation), not just random callers.And this change happened in just 2 weeks.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1014235/small_1621507516-avatar-larrym106.jpg?twic=v1/output=image&v=2)
3 April 2020 | 27 replies
We believe that either of these actions would materially increase the risk of unnecessary loss or otherwise avoidable problems for the vast majority of our investors who have not requested to redeem and intend to stay invested for the long term.We recognize that the current coronavirus pandemic is evolving every day and therefore the situation may change rapidly.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/224725/small_1694569568-avatar-arsaan.jpg?twic=v1/output=image&v=2)
30 April 2020 | 7 replies
There is also a grant program via lottery system but the deadline to apply was yesterdayhttps://blockclubchicago.org/2020/03/18/out-of-work-due-to-coronavirus-heres-how-to-get-unemployment-benefits-rent-relief-and-more/?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/302029/small_1621442879-avatar-jaimanny.jpg?twic=v1/output=image&v=2)
1 April 2020 | 1 reply
Has anyone found a good program that a RE Investor can utilize from the government or banks.... with the current programs out their due to the CoronaVirus?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/269809/small_1694775660-avatar-kiddingme.jpg?twic=v1/output=image&v=2)
1 April 2020 | 0 replies
On Mar 31, the FHA 30 fixed rate advertised was 3.12 and our rate is 3.12. If you agree, then using a rate by down from X to 3.12 as justification for a 8500.00 dollar commission is outrageous. Our credits that could ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1443674/small_1695241437-avatar-christianb153.jpg?twic=v1/output=image&v=2)
1 April 2020 | 3 replies
As I understand it you need to be employed for at least 2 years to qualify for an FHA loan.I have been laid off from my job due to the corona virus and I am now collecting unemployment.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1717802/small_1621515003-avatar-jayssonb.jpg?twic=v1/output=image&v=2)
22 April 2020 | 9 replies
Hey everyone, the new CARES Act allows for us to make a loan up to $100K from our 401K penalty free that doesn't have to be paid back for 3 years as long as you can show hardship 2/2 to the coronavirus.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1608904/small_1621514128-avatar-yvonnes41.jpg?twic=v1/output=image&v=2)
3 April 2020 | 16 replies
@Yvonne ShuiHi Yvonne,I own 3 Buildings in Bed-Stuy, All 3 Family, 2 are Brownstones and 1 is a brick building.The one closest to where you are buying is probably going to be on Hancock and Thompkins or on Greene Ave and Throop.I think the most important thing about buying in Bed-Stuy right now is to make sure you get a professional tenant with high income and high savings to weather the Coronavirus Storm.Last Month, one of my tenants at the Greene Ave/Throop location gave me notice as she closed her Williamsburg restaurant and needed to leave, moving in with her bf.Her apt is a Garden Apt, Large 1 Bedroom with a Laundry in Unit.I decided to get a quick renter that has been qualified and I advertised the apt for only $2,500 per month.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1357447/small_1621511601-avatar-peterk182.jpg?twic=v1/output=image&v=2)
2 April 2020 | 3 replies
Just curious to hear how other investors are faring during this crazy uncertain time.