Whether you want to argue on the % of Californians moving out, the bottom line is 10’s of thousands are moving out likely mostly due to many economic and political factors.

Hey BP community, I'm at a stage in my learning process where I am ready to pull the trigger on my first investment property, pending current economic uncertainties but that is a post I've seen covered plenty already so we wont get into that! 

Investors certainly spook and have various other needs for their cash when there are economic shocks like what we've experienced recently. 

Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

Much of these considerations, by U.S. banks, are getting their spread sheets & accounts books looking in better order, as they face the the FED is now asking banks to be able to pass stress tests, in case any financial crisis, like occurred in 2008-2009, might flare up in late 2020 or in 2021.

It’s called an “adverse market fee” of 0.5% on most refinanced mortgages starting Sept. 1 due to economic uncertainty,” is what Sallie Mae stated.On an average $250,000 home loan, the fee comes to $1,250 to refinance!

This means in order to avoid paying rent, being assessed late fees, or being served with eviction notice, you have to notify the landlord in writing or verbally of your economic impact and do so within a certain timeframe.

I'm politically liberal, so you can guess the other social and economic issues I want to transfer onto others, as well.

Just to give some context, I started flipping houses in my senior year of college at Rutgers University while I was studying Economics and Real Estate.

I am interested to know more about seller financing deals.For example the current economic crisis has put a lot of homeowners in deferred payments.