Just about all properties right now have some time of seller concession or price reduction to help people make a decision. 

I understand that the conventional refinance will clear up the VA entitlement for use again but does that include the use of a VA IRRRL (Interest Rate Reduction Refinance Loan) or commonly known as VA streamline refinance?

I'll get it started:Allentown, PA (1hr 53m drive from NYC)Statistics since 2020:18% population growth since 202046% increase in household income125% increase in avg. house/condo value50% reduction in crime24% increase in real rent <- inflation adjusted

All things remaining as-is and only change being to reduction in rates, yes prices will go up, it's simple supply-demand curve. 

The IRS recently provided guidance regarding eligibility under the CARES Act and specified that a qualified individual includes an individual who has a reduction in pay (or self-employment income) due to COVID-19.Note: It is too late to take a loan under the CARES Act.Distributions:If so, you can take a penalty-free distribution (as well as waive the 20% withholding requirement) from your 401k (assuming that the employer allows it) anytime between 1/1/2020 and 12/31/2020.

Here is a "debt reduction" excel spreadsheet I really like.  

With many leveraged properties, you will also be able to take advantage of appreciation and debt reduction on all of them.

There are so many things you can get in exchange for a lower compensation price;a change in zoning (to a higher density), elimination of setbacks and landscape buffers, a reduction in parking requirements, a change in land use for taxation purposes, a reduction in stormwater requirementsan increase in building height restrictionsthe list goes on and on.

Generally speaking you'd want major things taken into consideration and anything that makes the property unsafe/not liveable.You're better off taking a price reduction or making sure they use a vendor you have chosen.

For our property, we were able to negotiate a significant reduction on our initial offer after the results of the inspection...Good luck!!