This is my first time ever screening anyone, so I wasn't sure what was normal.

Lastly as it relates to owing rentals which is the vast majority of this audience i think this has been a big wake up call for them on what is or is not proper reserves and how to scale in a manageable fashion given your liquidity and ability to generate income outside of the asset itself.  

I have a seller who is asking for $320K for his home (3 bedroom/ 2.5 bathrooms 2100 Sqft in Parkland FL) I ran the comps and the price for the home is within normal range.

A loan that is Secured by a piece of Real Estate PropertyThe funds are generally issued by Private Investors or CompaniesThe Borrower will receive Funds based off of the Property being purchasedThis is considered an All Cash Offer and TransactionTypically, the Length of Loan is a 12 Month TermA Hard Money Lender is an asset-based lenderClosing Times are generally 14 days or lessFinding ways to use other people's money along with your own is essential in Real Estate Investing, that is, if you want to be successful.You are giving yourself the ability to invest in properties you normally would not have been able to, or would have had to wait substantially longer before doing so.Depending on your Real Estate Strategy, the number of houses you can purchase and Flip/Rehab in a given time period, will determine how successful you are.

Normally, we just go over and introduce ourselves, but the Coronavirus killed that.

My guess is that applications will return to normal once we all return to our normal. 

@Chuck Kramer the way I read the AirBnB policy on COVID is we would be penalized under normal cancellation rules unless the guest initiates or requests we cancel on their behalf for COVID. 

You can ask for the building to be delivered tenanted if it has some units vacant which would make vacancy less of an issue for you and secure the property more until things shift back to normal conditions. 

You did it exactly right-- I just say it so anyone else reading this thread understands that this is all normal.

Not heart broken to miss a normally good deal this week!