👀Multifamily real estate was relatively resilient during the 2020 recession, with a smaller drop in investment volumes than most other mainstream asset types.

Plus, more expensive areas, like the Bay, get hit hardest from a home value percentage loss perspective during recessions.

These 3 bed, 2 bath homes tend to be robust during recessions, but also attract quality tenants.How did you find this deal and how did you negotiate it?

It is difficult because I went through the Great Recession and am naturally a pessimist.

I’m currently living in it but would like to buy property in the up coming recession 

Or if you are the type of person that doesn't like debt or worries about a recession than paying them off might make sense. 

Airbnb was invented out of the last recession so while there isn’t direct data for short-term SFRs, we do have data on hotel occupancy and RevPAR.

I am currently doing some research such as areas, college kids vs blue collar for long run, what’s likely “more” recession proof, SFRs vs MFs, lending practices there, PMs etc etc, and BP forum hopefully is one such research tool :).

Conventional lending is an issue because I have some old credit issues from the great recession and my credit will not be cleared until November. 

Seller, since we can't control the economy, in the event of a recession or slow market at the time of our balloon, would you want to take the property back if I can't sell it or refinance it?