Somewhere it mentioned initial SBA funds are exhausted but businesses are still signing up for applications on banks portals.

The other issue you run into is that by law you must have an applicators license to apply the products.

We've only purchased a duplex and condo before, so unfamiliar with all the red tape.

Applicant.

Take an accurate tape measure and see if it's close enough for thin flooring to solve the issue.

Hey Blaine,Treat the current owner as your first ever applicant for your newly acquired multi-family property.

Very true Joe,Illinois, and Cook county in general, already has tenants friendly laws in place and many tenants are trying to take advantage even more so now with the pandemic and the eviction ban.I drafted a letter for my tenants, similar to the one here on BP, to explain the pandemic situation and its effect on landlords and tenants, and responsibilities of each.I also am letting my tenants know that if they lose their job or have hardship due to the virus they need to fill out an application, that I created, to verify the hardship. 

Please post the full "Closing Disclosure" and "Uniform Residential Loan Application" from that 3.XX% "non owner occupied" refinance, the docs you signed at the closing table.

I would not suggest having the current owner put a tenant in there as they may shove the first applicant in, qualified or not.

@Angel BodonBasically what I’m doing right now is kind of what everybody else on the post has been talking about I am calling the local credit unions and developing a relationship over the phone kind of telling them my plans and after this stay at home order is over and done with moving forward with the application