I mainly recommend this strategy to prospective new investors who are concerned with rental income during economically uncertain times like this.Of course, there are other ways to insure you get a quality tenant.Best of luck to you moving forward!

You want to have cash reserves now to survive the bumps in this economic environment. 

I was wondering if anyone knows of some Hard Money Lenders who are lending during this economic turbulence. 

Hey land experts, I'd like to get your opinion on something.

You cannot be an expert until you have gained practical knowledge.

If you have more questions about these types of loans, you can reach out to @Jesse Byrer, as he's an expert in Chicago. 

I am brand new to all of this, so take it for what it’s worth, but a basic piece of advice I would tell anyone is to make sure you have enough reserves for unexpected costs and economic down turns. 

I'll add to this not as an expert or investor, but as someone who is actively looking for a new primary residence for a while now.If I were going to become an RE agent, I would look to specialize in commercial properties or something else more niche.

Buyers of this type of paper are still buying, but with the COVID19 economic cycle just beginning, there's uncertainty.

@ Jean H.I've been an investor since 1982, an Agent since 1986, and a Broker since 1990, as well as being qualified as "An Expert in the Practice of Real Estate" by the Bankruptcy Court of the United States, Southern District of New York.