I will be staying at this place 1 week out of the month in a basement that I will be finishing while I have two tenants upstairs (both not working at the moment due to this virus), we have 6 months reserves walking into this btw.

Make sure to educate yourself thoroughly on the market and the business including raising capital and SEC regulations both Federal and State so you can make sure not to cross any lines or illegally solicit investors.

You need to have an up front reserve budget of 9 months worth of P&I payments.

If you put a lot money into that ROTH 401k platform early on you will be able to utilize it as your cash reserves for real estate investing, and also have the security of knowing that your retirement is taken care of.

If you have no reserve and still need money to pay your mortgage, contact your lender and explain the situation.

Either that or about being overleveraged and not having reserves.

I just closed today with an Army reserve who bought a beautiful home today and currently helping a Navy officer purchase a house hack; buy something that numerically makes sense and run with it.

If the federal government steps in to help solve the problem they inadvertently created with best intentions for the home owners, by allowing them to not make payments for 6 months (A forbearance) which is another way of saying default.

I can only go by their Facebook page which they purposefully left open for dialogue (they didn’t have to) I for one am happy that my May reservations and late April reservations are still on calendar.

If there are, I have enough reserves to cover substantial payment issues.