Yes, your IRR will be juiced (typically) from some form of cashout refi, but how does that effect their returns, especially if it takes any type of consistent return off the table, or significantly reduces it. 

You can always do a longer closing to reduce your losses, and to wait and see how things settle out in the next few weeks. 

Snowballing certainly has its benefits, but i’m wondering if there is a better way to reduce total interest expenses.Given that that 2/3 rds of interest is paid in the 1st ten years of a 30 Fixed mortgage, there is a timing aspect that comes into play.  

mod=home-pageThe cliff notes version: If we look at the entire real estate market of the country, we see supply and demand reducing at the same rate.

And since I purchased this home for $120,000, that means my bank will have to reduce the loan amount down to $127,400 to keep my cash back at $120K with rolling in all closing costs and prepaids.

I do plan to reduce my asking rent and get it rented in the next month or two.Thank you in advanceBrady

To be clear - this is not a post complaining about this nor am I advocating evicting anyone due to this severe crisis.But as people are losing their jobs all over the place - esp. in retail, restaurants etc, we can prepare for a lot of missed or reduced rent payments on April 1. 

If your income has been reduced because of COVID-19, you may be eligible for mortgage relief.  

Or if they show that they've had hours reduced etc?

But if the company decides to reduce its dividend then your rate of return is now reduced.