Greg,I use a combination of Quickbooks online and Cozy for payments.

I couldn’t afford to put down 25%, so I could let the property go (financing contingency was included in our contract), OR, I could remove the upstairs kitchen and combine one of the utilities.The sellers were obviously getting antsy at this point, but they were a lovely couple who’d rehabbed the home themselves and I’d created good rapport with them and kept them up to date during the whole process.

In order to get the property classified as a SFR and pay 3.5% down, I had to combine the electric meters and “remove” the upstairs kitchen (meaning disconnect the dishwasher and oven and put them in another room), so that the upstairs kitchen would then be classified as a “laundry room with sink”.

I then was still able to refinance my primary residence as planned, which combined the two houses (the rental & my primary) into one loan.

But what everyone is over looking, is that rarely does a specific market, a specific neighborhood mirror what housing does on a national scale. 

I've been looking into combining the properties under one loan.

Here is the breakdown 2 units combined rents 1350Price 70K and 5K back at closing to replace single pane windows.Both tenants have stable jobs that appear to not be affected by COVID 19 as of yet (1 works at BP gas station husband works at Ford dealership other works for maintenance crew for an apartment complex down the street) I am getting a Commercial loan and was curious on should I wait and push back close on this property given the uncertainty with COVID 19 as well as perhaps getting an even lower rate?

I’ve registered for a few webinars, but my “9-5” is rarely 9-5, so I have only been able to attend via the replays.

But you have to ask yourself - even with useful or rare items - if things really hit the fan, who will be there to buy them from you, and with what?

There are a lot of "essential" employees that can go to work, but somehow everyone we employ with our taxes locally (that rarely are face to face with people and collect their checks no matter what) aren't on the list.