Values will be dropping soon due to the fact that these types of properties, (including certain types of retail and office) will have to be "repriced" according to the new occupancy regulations.

My guess is it would drop my DSCR down to about 0.9.

We don't have the big spikes in value, but we also doesn't have the big drops.

Often the buyer contribution may be a little more than mkt rent but long term the goal is to add value, pay down, refi and drop MI to offset this. 

I had a tenant hook up a hand held shower head with the hose and dropped the shower head and it hit and broke the handle and cartridge.

But I expect the market to open up in the coming months as virus restrictions and unemployment hopefully continue to drop, and that’ll definitely make things easier!

In the multifamily scenario, the mortgage is paid via the tenants and shows cash flow profits besides, and in the single family home scenario the mortgage drops the buyer's income after expenses significantly.

I can take a set of 4 or 5 cabinets out of a remodel and save them for a later rehab's laundry room. 80SF of good flooring that's too small to cover a remodeled room now fits into a closet or bathroom later. 10 foot 2x4s torn down from a drop ceiling get the nailed & cracked ends cut off and become 8 foot wall 2x4s.

So, you're facing two huge risks: 1) What if the value drops, and 2) What if you can't refinance?

I calculated my Broker managed  ROI over 2.5 years... before and after last week’s drop..