During this time of COVID - 19 and what’s e expect the aftermath be.

@Renee Lee smart move , now in your game plan prepare to liquidate a property or 2 maybe all if necessary .

It is .2 miles south of E.

It's my understanding that with all the recent refinance requests, there wasn't enough liquidity in the bond market handle the demand, and therefore rates spiked.

@Jay Hinrichs What about payment plans with tenants on near term expiring leases?

All is well and good if I own a great A class apartment building, but if I overpaid and my worst case pro forma plan has me pushing rents 3%/yr to meet the debt service when the Interest Only expires, the next 6-12 months are going to be rough.

I have heard from my CPA that you can depreciate the prorata (based on sq ft of units) cost of the building for the rental unit, but again you will need to.Each property will have its own income and expenses filed on a Schedule E.

The rate that the Fed cuts is the Target Rate which primarily dictates liquidity between banks as opposed to mortgage rates.

Think E*Trade but with different paperwork so as to be able to document the individual transactions that occur off-exchange in alternative assets like real estate.  

I think we are headed for a global liquidity crisis.