Wells Fargo....Since they both have a ton of equity, I have considered pulling 50-70k out to buy some more units....so the LTV will still be pretty low.....Have zero debt except these units..... tons of assets..... credit 800+....pretty much perfect candidatesApplied with Rocket and WF and they are both quoting me above 5% WITH pulling 75k equity..... if I don't pull equity the rates are even higher....

I have no outstanding debt except for a 300$/month car payment.

They will need money for their other bills-though eating out and shopping (except online) will be reduced. 

Guifre is right, except the unit doesn't have to be 100% leased.

I'm relatively new to the real estate investment market and am curious about a situation.I have been told recently that there might be a situation wherein the county or state can pass a law (could be temporary) saying tenants don't have to pay rent and still can live in the house in exceptional situations, may like the current COVED19 outbreak.

There is a 2% exception provision to capitalization, which is the one that I use more than any other.I believe it provides that if all repairs in a year are less than 2% of your unadjusted cost basis in the property you don't need to capitalize.

If the circumstances were different and the quad was here in western Pennsylvania and needed that much work in the 60 upcoming days, I would be worried.

You would be forgiven for thinking it was Christmas Day....except, of course, Christmas Day is quite busy at Grand Central.It seems the entire of NYC is working from home as we finally start to take the virus seriously.

You would be forgiven for thinking it was Christmas Day....except, of course, Christmas Day is quite busy at Grand Central.It seems the entire of NYC is working from home as we finally start to take the virus seriously.

Can you please give me a few ideas, or direct me to a blog thread where people have succeeded in a similar circumstance?