This is not a wealth building event.

- Check out the Events tab at the top to find local meet ups around you. - Find an investor friendly Realtor in your market.

What I got from that is 1) A tenant can go without paying rent during the "Emergency Period"2) Los Angeles will announce when the emergency period ends, and the 12 month clock will start at that point.3) The landlord cannot take any action against a tenant until after the 12 month period, should they not make up the unpaid rent that occurred during the defined emergency period.Now I get what you are saying, If this emergency period goes for 3 months, lets say until June, At month 4 (July), the tenant begins paying rent in July for the month of July, then the tenant has up to 12 months to repay the missed 3 months of rent (Apr.

Pretty cheap if you consider the hassles that occur after the auction is closed."

@Nicole HeasleyYeah the microwave thing did occur to me, but I figured it wasn’t going to change things much one way or the other.

And, with our current events, you're probably getting more for your money as you repay the loan. 

That said, in the event I loose the property to foreclosure or some financial anomaly, would I be able to pull the 500k out of my HELOC without recourse if the bank were to take the home? 

I do understand that a 2.6% interest rate is much better than a 4.5% interest rate, however my reasons for considering this is in the event I lose my job or some other financial calamity that may occur.

I believe if a seller can hold onto properties over the next 6-9 months they will but these who must sell due to life events will be more open to negotiation.

I wish to attend local events to meet more people in this field, but that obvious can't happen now.