I took photos with a wide angle lens that I borrowed from work. 

On the other hand, stock market have a shorter time to crash and recover compare to real estate, I agree with Russell Brazil, that it may be a good time to jump in to the stock market little by little (not all in), to dollar cost average the stock market by “CASH” only, not with any margin or other form borrowing.  

NAR also signed a coalition letter(link is external) that would encourage Congress to provide readily accessible, unsecured credit to employers and self-employed individuals of all sizes to ensure they have the cash to pay their workers, rent, and other costs during this crisis:Suspend the filing of business returns and the payment of all business taxes to the federal government for the duration of the pandemic; and amend the Tax Code to, among other items, restore the ability of businesses to carryback any net operating losses against previous year tax payments;Suspend the application of the Section 163(j) limitation on interest expense deductions for tax year 2020 to avoid penalizing businesses for borrowing during this crisis; andSuspend the Section 461(l) loss limitation on pass-through businesses to allow businesses to full deduct any losses they incur this year.Essential Real Estate ServicesNAR is working with state associations, many of whom are reaching out to their Governors to request that certain real estate services be deemed “essential services” during emergency declarations.

the time to borrow money is when you don't need it. 

Can anyone suggest a lender who might do a second position HELOC that verifies income for a self-employed borrower using business/personal bank statements or stated income instead of tax returns?

However, to facilitate this closing, we borrowed money from our reserve funds (capex, maintenance, vacancy, etc) and essentially those are zeroed out right now.

Banks don't like to take risks @Simon Chen Applicants must prove that the borrower is not a risk.

If the RE market is crashing and banks have to deal with a growing number of foreclosures and lending related losses, they will probably apply stricter limitations and conditions for borrowers and usually this type of limitations are applied to investors first: lower LTV, higher interest rates, more reserves required, etc.- My expectation is that homes prices will drop faster and further relative to rent prices so a higher interest rate may not inhibit our ability to refinance and make BRRRR work.

Lots of investors use cash-out refinances as part of the BRRR strategy to pull money out after rehabbing and increasing the ARV, but generally need to wait a 6 month seasoning period if the capital they used up front was borrowed somehow (hard money, private money).

I don't foresee any lenders emailing their borrowers saying this months on us.