I think Dupage County just took a similar measure overnight too.I think this will be come an big topic on BP in the next couple of weeks when tenants lose income from reduced or total loss of hours added to the fact that they will learn the eviction process is even tougher to accomplish then it normally is in and around Chicago.

., what steps are you taking to fortify your finances to reduce the risk of a liquidity crunch?   

We have several commercial loans for our portfolios. We are considering refinancing them now while rates are lower to increase our equity positions, lower our monthly payments, and reposition ourselves during this Pan...

I have informed my tenants across the board that for April I will reduce their payments by 20%.

Most of NY counties are still open for business, just with reduced staffs. 

I'm trying to reduce my current 4.375% 30 year fixed.

Maybe offer to reduce rent to right about the cost of the mortgage for the duration of the crisis?

You should really be on a master policy to reduce your administrative burden and leverage your size.Best of luck

I'm now debating if investing remote now or waiting for market correction and buying at reduced price.

Correct, it would transfer the problem to us, and that's only advantageous if 1) we have the cash reserves to handle a vacant property at first while we find a tennant, and 2) if we can fix whatever the problem was that prevented the property from being rented out.