That's what we've had for the past 10 years, which is why the Fed rate is always talked about so much...and it also contributes to the bigger and bigger gap between the rich and poor. 

Clearly you had some good foresight a year ago.In general, I agree with your sentiment that things will get worse, but I do disagree on general timelines.First, I cannot tell if you mean recession from a traditional standpoint (2 consecutive quarters of GDP decline), the current National Bureau of Economic Research (NBER) definition (a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales) or a general "emotional" descriptor. 

I am currently going thru the audiobook of Rich Dad Poor Dad. 

Rental property investing is a wealth generator not a get rich quick generator.

Finding other than traditional financing

If you haven't read "Rich Dad Poor Dad" that would be my first recommendation before doing anything lol.

Have you read the book rich dad poor dad?

Originally posted by @Rich Bultema:I'll chime in, my realtor called me this morning actually about a property I have listed.She said she has received NO CALLS on her other properties since our state's stay at home order and that the only call on mine was a guy with a terrible low ball offer from a couple weeks ago that wanted to remind me that he was still interested.Said she was looking into unemployment??

Hi, Still learning the ropes and digesting but I am looking for confirmation to help drive this through my head...In the below article, David talks about financing a BRRRR is optimal without the traditional loan. https://www.biggerpockets.com/blog/brrrr-strategy-real-estate-investingBeing a newbie investor with only $10-20k in the tri-state area, I would need to either go to a PML/ HML or come up with creative financing (i.e. raise the money of individuals on my own by convincing people on my numbers)?

If you do intend to use traditional debt bank/Fanny,Freddie it will be nearly impossible to bring the “equity stack” $500K in form of other or subordinate debt even if it is from private Investors.