if that's the case, having an extra 20% in the deal from either buying low or adding value will be a big help in weathering the storm. this will make it that even if you ahve to sell, you could still earn some money or break even. additionally, with a multi it's generally more of a cash flow play, and if that's the case an economic dip won't be too big of a deal if you are cash flowing an acceptable amount with a buffer included. lastly if you get into a deal and have extra equity, you could bring in another investor in the future and "sell" the extra equity to them, while still staying in the deal. there are other options, like subject too's and rent to owns that may work here but for me buy low is the best defense. 

After putting in our first offer for $85k, seller rejected offer and we countered at $93k all cash with only 4 days due diligence and $2k emd, after being on market for 56 days, seller accepted.

My offer got accepted for a multifamily in Newton, MA.

We called the number and we place a pre-auction bid in and the bank accepted.

Whether it is a purchase, a refinance, or a construction loan, I accept each application as a challenge to meet customer’s needs.

After spending a lot of time walking through and accessing everything it needed, we ran the numbers and it needs way too much work for what the current owner is asking (rather what we think she’ll accept).

I believe I understand the basics of what we are about to embark on but I will always accept help from those who have tread these paths before me.

I certainly will not be offering asking price.I'm interested in this for two reasons;First and foremost if I can get a lower offer accepted, I can make this profitable (I have a few commercial property management teams in mind.)secondly, from a purely academic standpoint, this will be my first commercial building that I get to practice how to valuate commercial real estate, learning new things (such as the issues that come up with a gas station), and connecting with new people in commercial real estate!

Thanks Joe.The agent says the REI will only accept cash or conventional financing.

Mainstream media has been reporting about it nonstop for the last few days, stating that there's just been the first case of person-to-person transmission on US soil.