Those are typically the easiest ones to get if you STILL have stable income ( many borrowers won't ).

Not as a full-time career, but in order to own a home for when I retire (which would be within 20 years from now) and to have a place to vacation a couple times a year.

The payoff amount for the mortgage would be around $86,000 and the current monthly payment (Principal + Interest) is around $2300.My HELOC currently has no balance whatsoever, and has about a $230k credit limit with a 4.49% interest rate.If I were to take $86k from the HELOC to pay off the mortgage, I believe the monthly payment (interest only) would be around $436 per month.My current job is stable for the moment, and I do have some cash reserves.

Florida has a lot of low income service industry works serving tourist and retired boomer, It could be a while til both of those groups begin to spend again.

Not just the mechanics of the deal but the qualities that make our properties more stable than others.

That aside, if this is in a good are, draws a good tenant base, has a stable or rising ARV and rents, this could be a decent first property to get under your belt!

I am a teacher and have a 403b retirement account that I had put cash into when I first started teaching.

I would try to find some mom and pop owners maybe a bit older looking to retire.

I’m thinking of now becoming an appraiser when I retire in 3 years.

Once people start going hungry, once people can't afford clothing, once retirement funds lose 80% of their value, it may become politically possible for politicians to change their position and support a return to economic activity despite an increase in death counts.