I repeated myself as it is that important. 

., you call the tenants back, explain to them that you are not allowed not to pay your mortgage, property tax, insurance, and utility bills and advise them to call 311 as the city of Chicago has a program to help the people affected by the Virus.

How does that affect things?

I am a little scared about how this COVID19 virus will affect the market.

No questions asked.The second is asking for proof that they are directly affected and can't pay rent and systematically dealing with each tenant accordingly.

Yes, it’s still a seller’s market.Depending on who you ask, it’s either a return to normal and everything is going to be great again, or the last gasp at the top of a market cycle before the unemployment/stimulus runs out.Nearly everyone agrees that taxes are going to have to go up to pay for all of the government rescue programs.What kind of taxes and how it affects RE remains to be seen, but it’s not usually good - particularly if they target 1031 exchanges, alter the RE depreciation schedules, eliminate the 25K loss that can be taken against ordinary income, etc.Similarly, we won’t know the effects of the mortgage forbearance programs, and eviction suspensions in some states, until later this year.But for right now, yes, things still look pretty good out there (if you’re selling, anyway).

I suggest you get a lawyer but my gut feeling is that there is nothing you can do for now as anyone can claim the covid-19 is affecting them or twist it as they are getting evicted for this precise reason. 

Hope you and your family is doing wellDue to this COVID-19 Pandemic I am sure we all affected physically , mentally , socially and financially I started my real estate journey around August 2019 and finally found my first 3 unit multi family around 2/2020 and my offer for accepted month ago .

Hi, I am a newbie who planned to get started in real estate this year; I wanted to start with an FHA loan so I can house hack.  This summer I would have been employed for 2 consecutive years.  As I understand it you n...

Is it just calculating the short term funding then repeat the calculations for the refinance?