That background in commercial real estate sales will be incredibly helpful in jumpstarting your MF investing.

@Alex Stewart if you love the beach, then California is what you want with beautiful all-year around weather and beaches.

Looking at it in hindsight I should have requested several things including exceptions during pandemics, the credit score minimum I require for placing a tenant, the exact security deposit, and how credit and background checks are processed.

Little background on me - I'm a mortgage banker at Berkadia in Seattle specializing in conventional and small balance Freddie Mac and Fannie Mae mortgages - typically >$20M. 

Beautiful houses at 500k range with very few buyers interested.

I don't recommend learning how to renovate horrible properties while living in it and hoping the tenant never misses a rent payment in the middle of the worst economic and unemployment crisis.That's the beauty of real estate and becoming an Ideal Wealth Grower.

But I wonder if I should also refinance the loan on that house to take advantage of the low-interest rate due to Covid-19.Background info:Original loan amount: $80K, 30yr-loan at 4.5% fixed, loan originated in 2014.

Subject-to is a beautiful thing many Realtors are afraid of because the lack of education.

My background: relatively new to REI, I purchased my first triplex with an FHA loan outside Minneapolis at the end of January which is going relatively well so far and I’m looking to make my next purchase sometime in the next 3 months.

Restored two unit on beautiful setting.