The opportunities will be there, those of us that can weather the storm will be in a position to prosper.Do not get caught up in the negativity of the day, see the opportunity, take the time to better yourself and your positions and be ready to pounce when these opportunities present themselves, this virus is pressing the reset button in a lot of ways you just need to stay positive so you can see the opportunities for what they are when they come! 

I pay monthly payments so my best solution might be to just ask him if he will allow me to defer the remaining interest since I can't really buy or sell houses right now.

Stay safe and healthy at this present time!

Prefer to keep commute less than a hour.I can work on 1 unit (the one I live in) but the other unit(s) need to be rent ready or already rented.Going into this my mindset was duplex or triplex but I may have to consider other possibilities Price range really depends on the opportunity that the deal presents.

I was hoping to start a thread to discuss what current RE investors are doing in and around Philadelphia in the current investing climate with the various obstacles that have presented themselves. 

No matter how much I tell my friend that he is losing millions of dollars and doesn't even know it by putting so much money in tax-deferred programs and keeping cash in savings accounts, the DR way just feels better to him.

I've found regardless of bank/lender size all of our lenders have been very open to assisting us in minimizing or deferring payments until the Coronavirus pandemic subsides.  

State=MACall AND email Mass Congres Reps: https://www.house.gov/representatives#state-massachusettsCall Mass govenors office: https://www.mass.gov/orgs/office-of-the-governorCall Mass state legislators: https://malegislature.gov/Call & email Mayor's office: https://www.framinghamma.gov/235/About-City-GovernmentCall city council: https://www.framinghamma.gov/2432/City-CouncilGo to city council meetings and bring up issues (if these are still being held): 7:15 p.m.The 1st and 3rd Tuesday of each monthMemorial Building150 Concord StreetBlumer RoomFramingham, MA 01702Contact Banks/Card CompaniesEnsure you take advantage of federally backed student loan relief: https://navient.com/covid-19Find out what programs your bank is offering: https://www.bankrate.com/banking/coronavirus-list-of-banks-offering-help-to-customers-financial-hardship/Call credit card companies to try to defer payment: https://www.bankrate.com/finance/credit-cards/issuer-assistance-programs-amid-coronavirus-fears/File for Unemployment - DO THIS IMMEDIATELY IF YOU ARE ELIGIBLE FOR MAX BENEFITSLink to file:https://www.careeronestop.org/LocalHelp/UnemploymentBenefits/find-unemployment-benefits.aspx?

Hi,As the novel coronavirus impacts the earnings of millions of people, financial institutions are promising to provide aid immediately,in the form of deferred mortgage payments,etc so people can stay in their homes during the pandemic.If an option is available would it make sense to defer mortgage payments if not what other financial assistances can we redeem as investors?

We’ll continue to work closely with our Tenants requiring them to provide proof of unemployment in connection to COVID-19 and will keep offering them Credit Card payment options, other options and ensure they have applied for unemployment and once those... all of those options have been exhausted we will then attempt to work out some type of deferred payment plan for those that have been great tenants.... but let’s be honest... it’ll be much easier for a Tenant to simply walk away and end-lease after the moratorium to avoid bringing their end of the bargain and balance to zero... which is why most LL’s will be wise to it and will deny and avoid future tenants which ‘can’t’ or don’t want to provide their ‘real’ previous landlord’s contact information which will be a barrier to entry for some Tenants moving forward.